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TRADE DEFICIT JUNE 2023
Rupee's forex boost fades fast, may trade at 96 levelsThe Indian rupee has weakened against the US dollar after recent gains. Renewed US-Iran tensions have pushed crude oil prices higher global...
India's June exports shine through West Asia dark clouds; trade deficit widens to five-month highIndia's goods exports increased by 15.5% in June, reaching $40.41 billion. However, the trade deficit expanded significantly to $30.43 bill...
India's exports to US dip 1.21% in June, imports rise 33.86%India's exports to the US saw a slight dip in June, while imports increased significantly. Merchandise exports declined marginally during A...
Oil pangs resurface for rupee, options market gauge signals bearish biasOn Monday, the Indian rupee fell to its lowest level in over a month, driven down by rising oil prices amid escalating tensions between the...
India's June trade deficit jumps 59% YoY to $30.43 bnIndia's merchandise trade deficit widened to $30.43 billion in June from $28.21 billion in May, even as goods exports rose 15.5% year-on-ye...
India's monsoon slips back into dry phase, pushing rainfall deficit up to 18%India's monsoon has weakened, increasing the rainfall deficit to eighteen percent. This dry spell threatens kharif sowing momentum, impacti...
India bonds fall as oil spike, Treasury rout weighIndian government bonds experienced a decline early Monday, mirroring U.S. Treasury selloffs. Escalating U.S.-Iran tensions boosted oil pri...
Charting the global economy: Iran war continues to cloud outlookJapan's bank lending expansion suggests room for the central bank to raise rates further. Meanwhile, high borrowing costs continue to impac...
India's 10-year bond logs best day in over a week on oil reliefOn Friday, Indian government bonds experienced a positive shift with declining yields. This improvement was fueled by robust demand during ...
Deficit shrinks to 15% but uneven rains fan Kharif concernsMonsoon recovery follows a weak June, but uneven distribution persists. Many key agricultural districts still face deficient rainfall, impa...
Trump says Spain was 'very generous' after he ordered halt to tradePresident Donald Trump called Spain very generous at the NATO summit. This statement came hours after he criticized the European country. H...
Monsoon covers entire India; Rainfall deficit at 14%, says IMDThe southwest monsoon has now covered all of India, arriving a day late. Heavy rainfall has been recorded in India during the first nine da...
India silver import curbs create shortages, push premiums to six-month highIndia's silver import restrictions have caused significant shortages in the domestic market. Premiums have surged to their highest levels i...
US trade deficit widens sharply in May as capital goods imports hit record highThe United States trade deficit significantly widened in May. Imports of capital goods reached a record high, driven by artificial intellig...
India's auto component sector grows 12.7% in FY26, but imports outpace exports: ACMAIndia's auto component industry saw strong growth in FY26, driven by OEM supplies and aftermarket expansion. Exports increased by five perc...
India bond rally pauses ahead of state debt saleIndian government bonds traded range-bound early Tuesday, pausing a three-session rally. Traders awaited a large state-debt auction, which ...
Tamil Nadu spends too much; Bengal earns too little: A tale of two deficitsTamil Nadu and West Bengal ended 2023-24 with revenue deficits, but their fiscal challenges differ significantly. Tamil Nadu's deficit stem...
Indian bond yields slide on rain relief, continued foreign demandIndian government bond yields continued their downward trend on Monday, boosted by improving monsoon rains and consistent foreign investmen...
The 'little boy' in the Pacific, India's monsoon and the big test aheadIndia's crucial monsoon season has begun sluggishly, with a significant rainfall deficit raising concerns for the farm economy. Delayed sow...
Food inflation projected to average 6% in FY27 amid rainfall deficit concerns: CareEdge RatingsIndia faces a challenging economic outlook with food inflation projected at 6% and CPI at 5% in FY27, largely due to a severe monsoon defic...