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The Indian National Congress accused the Centre of continuing a "calibrated capitulation" to China despite a record trade deficit. Jairam Ramesh alleged the policy is hurting MSMEs while raising concerns over border, water security and strategic issues
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With 15 FTAs in force and a few under negotiation, India’s trade success will depend not just on signing agreements, but also on how it leverages them to drive growth, competitiveness, and global integration
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Commerce Minister Piyush Goyal said the government does not intervene in exchange rates as they are market-driven, influenced by global factors. He added that India is focused on boosting exports, reducing imports, and strengthening investment through trade reforms and policy support
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India’s rupee has fallen to record lows amid high oil prices, foreign portfolio outflows, widening trade deficit, and a strong US dollar. Structural pressures and geopolitical tensions are driving depreciation, raising concerns over inflation, CAD widening, and possible touch of 100/USD
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India’s gold imports hit a record $71.98 billion in 2025-26 despite lower import volumes, driven mainly by soaring global prices and safe-haven demand amid West Asia tensions. Rising imports widened India’s trade deficit, prompting Prime Minister Narendra Modi to urge austerity and postpone gold purchases
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India remains relatively insulated from the West Asia conflict due to strong domestic demand, policy buffers, and public investment, the Finance Ministry said, while warning of inflation, fiscal pressures, and wider trade deficits, with risks hinging on energy supply disruptions and global uncertainties
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Nepal faces a widening trade deficit with China, driven by heavy imports and weak exports. World Bank data shows BRI projects favour Chinese firms, deepening structural imbalances and exposing Nepal’s economic vulnerabilities
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India’s trade deficit narrowed to $21.88 billion in May 2025, helped by strong electronics exports and falling imports. Forex reserves rose to $696.66 billion, boosting the RBI’s ability to stabilize the rupee amid global uncertainty and geopolitical tensions
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Kotak Economic Research report noted that imports in August increased further as economic activity continued to normalize and exports continued to be strong but have stagnated
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Imports too rose by over three-fold to $45.45 billion last month as against $17.09 billion in April 2020.
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Imports too increased by a marginal 0.7 per cent to USD 72.5 million during the week, the official added.
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Exim Bank is in a position to facilitate Indian entities aiming to enter into China market, says official
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Export sectors which did well during the eight months period include pharma, which grew by 15%, rice (39%), and iron ore (62%)
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The trade deficit during the month under review narrowed to $2.91 billion as against $11.67 billion in the same period of 2019