India's February exports rose 4.25 per cent from a year earlier to $26.3 billion, while imports rose 2.6 per cent to $41.2 billion, leaving a trade deficit of $14.9 billion, trade ministry officials said on Monday. ...
12:55 PM, Mar 11, 2013
India posted its second highest ever monthly trade deficit of $20 billion in January, worsening from a $17.7 billion deficit in December, piling pressure on a widening current account deficit and limiting scope for the RBI to cut interest rates. ...
05:38 PM, Feb 13, 2013
Continuing with its downward slide, exports dipped for the seventh month in a row in November by 4.17 per cent to $22.3 billion, a development which may prompt government to come out with incentives by the weekend to boost shipments. Exports in November, 2011 stood at $23.2 billion. ...
02:33 PM, Dec 11, 2012
New Delhi: India's exports fell nearly 5.5 per cent in June due to weak demand from Europe and the United States, a trade ministry official said, adding pressure on Asia's third-largest economy. Imports also fell sharply, thanks in part to lower global oil prices, narrowing the trade deficit to $10.3 billion, something of a silver lining that may help assuage concerns about India's balance of payments. Exports were down 5.45...
03:13 PM, Jul 13, 2012
New Delhi: India's trade deficit is seen at $185 billion in the 2011/12 fiscal year on higher crude import bill, the trade minister said citing provisional data, which may worsen the country's current account balance and further weaken the rupee. Asia's third-largest economy imports nearly 80 per cent of its crude oil needs, leaving it vulnerable to the vagaries of the oil market. "The trade deficit is primarily because of...
02:47 AM, Apr 14, 2012
