Trade deficit in India shrinks to 11-month low in March, as gold import more than halves
NEW DELHI : India’s trade deficit narrowed to $15.6 billion in March, a 11-month low, owing to a sharp fall in merchandise imports. The deficit figure stood at $18.96 billion in March 2023 and
India’s Merchandise Exports may reduce despite expecting double-digit growth in March
NEW DELHI : Merchandise exports from India for the financial year 2023-24 (FY24) may show a contraction of around 1-1.5 per cent after two consecutive years of growth, even as March is likely to
Majority of outstanding issues in India-UK FTA moving towards resolution
NEW DELHI : Majority of outstanding issues pertaining to the negotiations for a Free Trade Agreement between India and United Kingdom (UK) are “moving towards resolution” and the two sides are still in talks
India’s February trade deficit widens to $18.71 billion, exports at 11-month high
NEW DELHI : India’s Merchandise Trade deficit widened to $18.71 billion in February from $17.49 billion in January, the commerce ministry said on March 15. The trade deficit stood at $16.57 billion in February 2023.
Com Secy to chair the meeting of Ministry Officials and exporters about discussions on Red Sea crisis
NEW DELHI : The officials from different ministries and exporters are expected to hold discussions on March 8 here, on issues being faced by exporters due to the Red Sea crisis, an official said
India opposes fragmentation of multilateral trading system and inclusion of non-trade topics at WTO MC13
ABU DHABI : The thirteenth Ministerial Conference of the World Trade Organization (WTO) began in Abu Dhabi on 26 February. On the opening day, the Indian delegation was led by Commerce Secretary Shri Sunil
Trade balance with Europe moves into deficit in FY24
NEW DELHI : India’s trade balance with Europe has moved into negative territory over the first three quarters of FY24, with imports exceeding exports during the period. This is a reversal from FY22 and
India’s January exports up 3%, trade deficit at a 9-month low despite Red Sea crisis
NEW DELHI : India’s merchandise trade deficit narrowed to $17.49 billion in January, lowest in nine months, as exports edged up by 3.1 percent year-on-year despite the ongoing crisis in the Red Sea disrupting trade as