trade data

New Delhi, March 16 India's exports to the US fell by 12.88 per cent year-on-year to USD 6.88 billion in February due to high tariffs in America, while the trade deficit with China crossed USD 100 billion during the 11-month period of this fiscal, according to data released by the commerce...

New Delhi, March 16 The country's merchandise exports declined marginally by 0.81 per cent to USD 36.61 billion in February, according to government data released on Monday.Imports increased by 24.11 per cent to USD 63.71 billion in February this year from USD 51.33 billion recorded a year...

New Delhi, February 26 Commerce and Industry Minister Piyush Goyal said on Thursday that he had held a meeting with US Secretary of Commerce Howard Lutnick and US Ambassador to India Sergio Gor, and discussed ways to expand trade relations between the two countries."Met US Secretary of...

Mumbai, February 25 The chances of the benchmark interest rate going up are "negligible," despite the build-up of inflationary pressure due to geopolitical tensions, said Saugata Bhattacharya, an external member of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC), on Wednesday...

New Delhi, February 23 The government on Monday halved the rate of duty benefits under the export support scheme, RoDTEP, prompting the exporting community to seek a reconsideration of the decision.The Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme, launched in 2021...

New Delhi, February 22 India and the US have decided to reschedule the proposed meeting of their chief negotiators, scheduled to be held in Washington from Monday, to finalize the text for the interim trade pact, sources said on Sunday.The Indian team was scheduled to begin the three-day...

Washington, February 21 – The US trade deficit widened sharply in December, capping a year in which America's trade gap with India reached $58.2 billion.The trade deficit in goods and services rose to $70.3 billion in December, up from $53.0 billion in November, according to the U.S. Census...

New Delhi, February 18 India and Canada are expected to finalize the terms of reference for initiating talks on a free trade agreement (FTA) during Canadian Prime Minister Mark Carney's visit to India next month, an official said.The terms of reference (ToR) outline the scope and modalities of...

New Delhi, February 16 India's merchandise exports to the US contracted by 21.77 per cent to $6.6 billion in January due to high tariffs imposed by America, according to data from the Ministry of Commerce.Exports also declined in September, October, and December last year. However, they...

Nuremberg, February 11 India's exports of goods and services have shown positive growth so far this year, and are estimated to remain positive in January as well, despite global economic uncertainties, Commerce Secretary Rajesh Agrawal said.He said that the data for January will be officially...