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India, trade deficit
India's trade deficit widens in August on spike in gold imports, weak exports
India's merchandise trade deficit in August widened to $29.65 billion as merchandise exports fell, dragged down by rising shipping costs and a decline in global demand, data released by the government showed on Tuesday.
India Reports Record Gold Imports in August
India reported record gold imports totaling $10 billion in August. It was over a three-fold increase over the previous month.
India’s Trade Gap Widens in August as Exports Slow
India’s trade deficit widened in August with a fall in exports due to a global slowdown, while imports climbed as domestic demand remained strong ahead of the festive season.
India's oil imports fall 32.4% in August amid lower crude prices, trade deficit widens: Report
The rise in total imports was supported by a surge in core imports and gold and silver imports, following duty cuts announced in the July budget. However, the fall in oil imports did little to balance the growing trade deficit,
India’s merchandise trade deficit widens to $2 9.65 billion in August
Merchandise exports rose to $34.71 billion in value terms in August, but merchandise imports increased to $64.36 billion.
India Trade Data August Revised: Imports Hit All Time High! Trade Deficit Widens To $29.65 Bn | News
India's trade data for August has been revised, showing that imports have reached a record high. This has led to a widening of the trade deficit to $29.65 billion. Exports in August declined from 2023.
3d
on MSN
India's August wholesale price index rises 1.31% on-year
India's wholesale price index rose 1.31% in August from a year earlier, government data released on Tuesday showed.
devdiscourse
3d
Mixed Reactions to India's August 2024 Trade Data Highlight Export Resilience and Global Challenges
India's August 2024 trade data shows mixed reactions from industry experts. PHDCCI praised the 5.3% year-on-year export ...
6d
on MSN
India has a new nuclear-capable ballistic missile submarine. But can it catch up with China?
India’s second nuclear-capable ballistic missile submarine joined its naval fleet late last month, a move the government says ...
3d
on MSN
India's August wholesale inflation cools to 1.31% as global oil prices fall
India's wholesale price index based inflation eased to a four month low of 1.31% in August, helped by falling costs of crude ...
devdiscourse
1h
India's Digital Payments Surge: UPI Drives Massive Growth
Digital payments in India have soared, reaching Rs 1,669 lakh crore in the first five months of FY 2024-25, driven by the ...
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