Trade deficit India

MUMBAI: India's record high trade deficitin July signals a further deterioration in the country's external balances, which is likely to keep the rupee under pressure, analysts said on Wednesday. Trade deficit in Asia's third largest…

NEW DELHI: Exports in June rose by 23.52 per cent to $40.13 billion while the trade deficitballooned to a record level of $26.18 billion mainly due to jump in gold and crude oil imports, the government data said on Thursday. The…

India’s trade deficit widened to record levels in April-May this fiscal—thanks to skyrocketing oil and commodity prices triggered by the war in Ukraine—which will pressure the current account. This is the broadest measure of India’s…

NEW DELHI: India's merchandise exports in May rose by 20.55 per cent to $38.94 billion, while the trade deficit ballooned to a record $24.29 billion, according to the government data released on Wednesday. Imports during May 2022 grew by…

India's May trade deficit widened to $24.29 billion from $6.53 billion a year ago, a government statement said on Wednesday. May's trade deficit was pushed up by a surge in imports, which rose 62.83% year-on-year to $63.22 billion, while…