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Tag: Trade deficit

Economy

Explained:What is trade deficit and what does it signify

November 7, 2019November 7, 2019 - by Abdul

News:India has decided not to join the Regional Comprehensive Economic Partnership(RCEP) Agreement as India’s core issues remained unresolved during the negotiations.One of the reason for not joining is the massive …

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Economy

Current account deficit tapers

June 29, 2019July 4, 2019 - by Abdul

The Reserve Bank of India(RBI) has said that India’s current account deficit(CAD) has increased to $57.2 billion or 2.1% of GDP in FY19 from 1.8% a year ago. Current account …

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Economy

Trade deficit widens to $15.36 bn in May

June 15, 2019July 4, 2019 - by Abdul

According to data released by the Ministry of Commerce,India’s trade deficit has widened to a six-month high of $15.4 billion in May,2019. The trade deficit has widened due to import …

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Economy

Exports growth slides to four-month low in April

May 16, 2019July 4, 2019 - by Abdul

According to data released by the commerce and Industry ministry, India’s trade deficit has widened to a five month high in April 2019 due to higher crude oil imports. India’s …

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Economy

Export of cotton textiles to China on the rise: Texprocil

April 17, 2019April 17, 2019 - by Abdul

According to Cotton Textile Export Promotion Council(Texprocil),exports of cotton textiles to China has been on the rise. Texprocil has said that the robust export of cotton textiles to China has …

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Economy

Exports outpace imports at 11% in March

April 16, 2019April 16, 2019 - by Abdul

According to data released by the commerce and Industry ministry, India’s trade deficit has reduced to $10.89 billion in March,2019 due to rise in exports. The exports has increased by …

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Economy

Exports rise 2.44%; trade deficit narrows

March 16, 2019 - by Abdul

According to data released by the Ministry of Commerce,India’s trade deficit has reduced by $9.6 billion in February,2019.The country’s exports grew by 2.44% while imports declined by 5.4%. The exports …

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