Trade deficit
India's exports grew around 60% in March for the first time in a month
Fri, Apr 02, 2021
India’s merchandise exports rose by over 58.2 per cent for the first time ever in a month. It crossed USD 34 billion in March 2021 as compared to USD 21.5 billion in March 2020, a Ministry of Commerce and Industry report released on Thursday said.
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China says no to India's proposal for bilateral trade in domestic currencies
Sun, Dec 02, 2018
The issue was discussed in an inter-ministerial meeting in October. In the meeting, it was suggested to the Reserve Bank of India and the Department of Economic Affairs would look at the possibility of exploring renminbi-rupee trade with China.
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India's exports enter negative zone, dip 2.1% in Sept
Tue, Oct 16, 2018
During April-September 2018-19, exports recorded a growth of 12.54 per cent to USD 164 billion. Imports during the period rose by 16.16 per cent to USD 258.36 billion, leaving a trade deficit of USD 94.32 billion in the first half of the current fiscal.
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US trade deficit rises to five-month high on declining exports
Wed, Sep 05, 2018
Economists polled by Reuters had forecast the overall trade deficit swelling to $50.3 billion in July. The trade gap continues to widen despite the Trump administration`s "America First" policies, which have left the United States embroiled in tit-for-tat tariffs with the European Union, Canada and Mexico as well as an escalating trade war with China.
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India, China agree to draw roadmap to address trade deficit: Com Min
Tue, Mar 27, 2018
India and China have agreed to draw a roadmap with clear timelines to boost bilateral trade in a sustainable manner, the commerce ministry said today. Trade and other related issues were discussed during the meeting of China-India joint-group on economic relations, trade, science and technology h
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Make in India not protectionist strategy, says Indian diplomat
Thu, Mar 01, 2018
Participating in a panel discussion on 'Deepening US-India Trade Ties: Focus on States' organised by the Center for Strategic and International Studies, Indian diplomat Chawla said that India and the United States were not horizontally competitive economies, but were vertically integrated economies. It is important for economies of large size to reap the benefits of their market size, on their jobs growth potential by creating local ecosystems, he noted.
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Exports up 9% in Jan; trade deficit widens to over 3-year high
Thu, Feb 15, 2018
India's exports grew by 9 per cent to USD 24.38 billion in January, helped by a healthy growth in shipments of chemicals, engineering goods and petroleum products, even as the trade deficit widened to an over three-year high.
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