By Shivangi Acharya and Manoj Kumar NEW DELHI, Jan 15 (Reuters) - India's merchandise trade deficit widened slightly to $25.04 billion in December as imports rose, while exports to the world's largest ...
NEW DELHI, Jan 15 (Reuters) - India's merchandise trade deficit stood at $25.04 billion in December, according to a Reuters calculation based on government export and import data released on Thursday.
Gold imports rose by 1.6% year-on-year, totalling $58.9 billion, while silver imports surged by 44% to $9.2 billion, even as both metals traded at record prices.
While the US remains India’s top software export market, its share slid to 52.9% in FY25 from 54.1% in FY24, even as Europe’s ...
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US Trade Deficit Nearly Doubles In November As Imports Spike; India Among Top Trading Partners
India remained among the United States’ key trading partners in November as the US trade deficit widened sharply, due to ...
India and the UAE plan to double bilateral trade to $200 billion by 2032, but rising imports and a widening trade deficit pose challenges.
The survey said that the rupee “is punching below its weight”, but that it “does not hurt” to have an undervalued rupee in the current situation as it offsets to some extent the impact of higher ...
While total trade reached $100 billion, the data shows that Indian exports have lagged behind imports, particularly in the ...
Even against a backdrop of heightened global trade tensions and tariff pressures, India’s external sector remained resilient, ...
The FTA between the two nations is expected to lower or eliminate tariffs for India’s labour-intensive sectors, while EU may ...
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