trade deficit

New Delhi, April 2 The government has announced measures to help exporters mitigate the impact of the West Asia crisis, and more decisions are being considered, Commerce and Industry Minister Piyush Goyal said on Thursday.The US-Israel attack launched on Iran in February has disrupted shipping...

New Delhi, April 1 The government has extended fiscal benefits under the RoDTEP scheme for exporters by six months, until September 30, amid disruptions to global trade caused by the ongoing West Asia crisis.The Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme, launched in...

New Delhi, March 28 – Chief Economic Advisor V. Anantha Nageswaran said on Saturday that, given the considerable impact of the West Asia conflict on India’s economy, the country should leverage the fallout to redouble its recent reform efforts to enhance India’s competitiveness and preparedness...

New Delhi, March 27 Commerce and Industry Minister Piyush Goyal held a meeting with his Chinese counterpart Wang Wentao on Friday and discussed trade-related issues.The bilateral meeting took place on the sidelines of the 14th Ministerial Conference (MC14) in Yaounde, Cameroon."Met Mr. Wang...

New Delhi, March 25 S&P Global Ratings on Wednesday raised India's GDP growth forecast for the next fiscal to 7.1 per cent, with private consumption, investment, and exports being key drivers, but said that the conflict in the Middle East could strain the fiscal position due to higher energy...

New Delhi, March 23 The government on Monday restored full benefits under the RoDTEP scheme to exporters until March 31 amidst the ongoing West Asia crisis disrupting global trade.Last month, the government halved the rate of duty benefits under the Remission of Duties and Taxes on Exported...

New Delhi, March 23 The government on Monday restored full benefits under the RoDTEP scheme to exporters amidst the ongoing West Asia crisis disrupting global trade.Last month, the government halved the rate of duty benefits under the Remission of Duties and Taxes on Exported Products (RoDTEP)...

New Delhi, March 23 The Congress accused the government on Monday of avoiding raising petrol prices, citing the upcoming assembly elections as the reason, a claim rejected by the BJP, which said the government should instead be praised for diversifying its energy sources.Initiating a debate on...

New Delhi, March 23 The government on Monday restored full benefits under the RoDTEP scheme to exporters amid the ongoing West Asia crisis disrupting global trade.Last month, the government halved the rate of duty benefits under the Remission of Duties and Taxes on Exported Products (RoDTEP)...

New Delhi, March 23 Gold prices plunged sharply by Rs 8,089 to Rs 1.36 lakh per 10 grams in futures trading on Monday, tracking a global sell-off amid rising inflation fears and a firm US dollar.On the Multi Commodity Exchange, the yellow metal for April delivery slumped by Rs 8,089, or 5.6...

Mumbai, March 17 The rupee declined by 12 paise to settle at an all-time low of 92.40 against the US dollar on Tuesday, due to rising crude oil prices and continued outflow of foreign funds amid the West Asia crisis.A positive trend in domestic equity markets also helped the domestic currency...

Mumbai, March 17 The rupee declined by 12 paise to settle at an all-time low of 92.40 (provisional) against the US dollar on Tuesday, driven by rising crude oil prices and continued outflows of foreign funds amid the West Asia crisis.A positive trend in domestic equity markets also helped the...

Mumbai, March 17 The rupee lost 14 paise and traded at 92.42 against the US dollar in the early deals on Tuesday, as it failed to resist the pressure from rising crude oil prices and the continuous withdrawal of foreign funds amid the heightened West Asia crisis.Weak domestic equity markets...

Mumbai, March 16 The rupee strengthened by 2 paise to settle at 92.28 against the US dollar on Monday, supported by a firm trend in domestic equity markets and a weak greenback against major currencies overseas.However, surging crude oil prices and foreign funds outflows triggered by...

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...

Mumbai, March 16 The rupee weakened by 10 paise to settle at a fresh record low of 92.40 (provisional) against the US dollar on Monday amid surging crude oil prices and persistent withdrawal of foreign funds triggered by geopolitical uncertainties.The local currency, however, resisted a sharp...

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, 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, compared to USD 51.33 billion recorded a...

Washington, March 12 – The United States recorded a $2.8 billion goods trade deficit with India in January, even as the overall US trade gap narrowed sharply, driven by stronger exports and slightly lower imports, according to data released on Thursday by the US Census Bureau and the Bureau of...

Beijing, March 12 China has refrained from responding to India's decision to ease foreign direct investment norms for countries sharing land borders with it. While the Chinese business community has described this move as a "partial" opening up, with restrictions still in place on large-scale...