Exports last month also recorded a 16.03 per cent growth over $26.04 billion in April 2019, said an official statement.
Imports rose by 6.96 per cent to USD 40.54 billion in the month, the data showed. The trade deficit in February 2020 was at USD 10.16 bil...Read More
Accordingly, the country's merchandise exports during the month under review grew to $27.67 billion from $27.74 billion in January 2020.
Imports too increased by a marginal 0.7 per cent to USD 9.84 billion during the week, the official added. The trade deficit narrowed to U...Read More
Trade deficit during the month narrowed to USD 14.75 billion from USD 15.3 billion in January 2020. It was USD 15.44 billion in December ...Read More
In a written reply, Commerce and Industry Minister Piyush Goyal said the bilateral trade between the countries too dipped to USD 16.55 bi...Read More
The contraction, caused by Covid-19 pandemic, narrowed down to (-) 10.12 per cent in July from (-) 12.41 per cent in June.
The trade deficit between the countries was at USD 53.56 billion in 2018-19 and USD 63 billion in 2017-18.
Several sectors have material linkages with China, making it important to understand the sector-wise implications.
Rupee slumped to a new low of 76.91 per dollar on Wednesday on the back of a broad-based strength of the greenback.
By FPJ Bureau
Imports too fell for the seventh consecutive months, down 8.83% at USD 38.61 billion in December 2019 -- helping narrow the trade deficit
Mahabalipuram: India and China will set up a High-Level Economic and Trade Dialogue mechanism to deepen economic cooperation and also sor...Read More
New Delhi: The US expressed concern over the trade deficit with India and the challenges being faced by American companies to invest here...Read More
New Delhi: India's exports dropped by 6.05 per cent to USD 26.13 billion in August compared to the year-ago month, official data released...Read More
The trade deficit during 2018-19 stood at USD 16.85 billion
Commerce Minister Piyush Goyal said in a written reply to the Lok Sabha that trade deficit depends upon relative fluctuations in the impo...Read More
New Delhi: On the back of a marginal increase of 2.44 per cent in exports and lower imports of gold and petroleum products the country’s ...Read More
New Delhi: The country’s exports grew marginally by 3.74 per cent in January due to subdued performance of key sectors including engineer...Read More
Beijing: Delegates from the US and China on Monday began the crucial face-to-face negotiations here to ease a bitter trade war between th...Read More
By FPJ News Service
Mumbai: India’s trade deficit narrowed to five month low of $13.98 billion in September from $17.4 billion in August, despite high oil pr...Read More