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India's trade deficit News

India's trade deficit

15 Jun 2018

Trade deficit widens to 4-month high of $14.62 bn

Oil imports were up 49.46 percent to USD 11.5 billion on back of surge in international crude prices.

India's Exports

15 Dec 2017

Exports stage smart recovery, up 31% in November

Trade deficit widened to USD 13.82 billion in the month under review from USD 13.39 billion in November 2016.

India's trade deficit

14 Nov 2017

India's trade deficit widens to near 3-year high in October

The trade deficit has widened by more $31 billion in the first seven months of the current financial year to $86.15 billion, which could put pressure on the current account deficit of Asia's third largest economy.

India's Exports

14 Nov 2017

Exports down 1.12% in October; trade deficit balloons

Trade deficit widened to USD 14 billion during the month under review as against USD 11.13 billion in October 2016.

India's Exports

15 Sep 2017

India's exports up 10.29% in August; trade deficit widens to $11.64 billion

The trade deficit in the month widened to USD 11.64 billion from USD 7.7 billion during the same month a year ago.

India's current account deficit

15 Sep 2017

India's current account deficit at 4-year high, widens sharply to 2.4% in April-June quarter

The widening of the CAD on a year-on-year basis was primarily on account of a higher trade deficit which stood at USD 41.2 billion, brought about by a larger increase in merchandise imports relative to exports.

India's trade deficit

14 Aug 2017

India's trade deficit shrinks to $11.45 billion in July

India`s trade deficit narrowed to $11.45 billion in July from a month ago, following a slowdown in merchandise imports, government data showed on Monday.

Economic Survey

11 Aug 2017

Economic survey flags trade deficit, rising anti-globalisation

Moreover, it said the focus should be on increasing FDI- linked and value added exports, particularly high-tech exports as in China and some ASEAN countries.

India's current account deficit

18 Jul 2017

India's current account deficit to widen to 1.3% of GDP in 2017: Nomura

India's current account deficit (CAD) is likely to widen to 1.3 percent of GDP in 2017 from 0.6 percent in 2016, largely owing to stronger domestic growth in the second half of this year, says a Nomura report.

India's trade deficit

14 Jul 2017

India's trade deficit narrows to $13 billion in June

Economists in a Reuters poll had predicted that trade deficit would decline to $12.5 billion in June compared with a provisional $13.84 billion in the previous month.

India's Exports

16 Jun 2017

India's exports grow 8.32% in May; trade deficit hits 30-month high due to increase in gold imports

Nearly three-fold jump in gold imports at USD 4.95 billion led to widening of trade deficit during the last month. It was USD 6.27 billion in May 2016.

16 Jun 2017

Sensex bounces over 100 points on exports growth, Nifty above 9,600-mark

The BSE Sensex rebounded 107 points and the NSE Nifty reclaimed the 9,600-mark Friday, propelled by the exports growth in May amid mixed Asian cues.

Indian exports to China

01 Jun 2017

Indian exports to China rises sharply in first four months

After years of decline, Indian exports to China rose sharply in the first four months of this year registering a 20 percent increase to USD 5.57 billion, though the trade deficit continued to persist.

India's gold imports

30 May 2017

Gold imports shrink 13.5% to $27.4 billion in FY17

India's gold imports declined by about 13.5 percent to USD 27.4 billion in 2016-17, which is expected to keep a lid on the current account deficit.

India's current account deficit

23 Mar 2017

India's current account deficit widens to 1.4% of GDP in October-December quarter

The current account deficit (CAD) widened to USD7.9 billion or 1.4 percent of GDP in the October-December quarter on account of higher trade deficit.

India's Exports

15 Mar 2017

India's exports up for 6th straight month, post double digit growth in February

India's exports exhibited a double digit growth of 17.48 percent, valued at USD 24.5 billion in February compared to USD 20.84 billion during the same month last year on increase in shipments of non-petroleum, non gems and jewellery products.

India's Exports

15 Feb 2017

India's exports rise for 5th month in January; gold imports drop 30%

India's exports continued to grow for the fifth straight month, expanding by 4.32 percent to USD 22.11 billion in January against USD 21.19 billion in the same month of 2016.

India's Exports

13 Jan 2017

Exports rise for 4th month in December; up 5.72% at 23.9 billion

India's exports continued to grow for the fourth straight month in December 2016, expanding by 5.72 percent to USD 23.9 billion compared to USD 22.6 billion in the same month of previous year.

India's Exports

15 Dec 2016

Exports up for 3rd straight month in November; imports jump 10%

Imports, however, contracted by 8.44 per cent to USD 241.1 billion, leaving a trade deficit of USD 66.17 billion.

Current Account Deficit

17 Nov 2016

India's current account deficit to stay at $10.1 billion in FY17: Citigroup

India's current account deficit is expected to stay comfortable at USD 10.1 billion in this financial year, largely on account of likely demand moderation post the demonetisation move, says a Citigroup report.

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