Topic: Trade Deficit
EXIM Data: Trade Deficit narrows by 10 billion USD
The Government of India recently revised its import bill. With this revision, the country’s foreign trade between April 2022 and November 2022 differs from the estimates made by...
India-China Trade Reaches All-Time High
The trade between India and China reached an all-time high of USD 135.98 billion in 2022, even as New Delhi’s trade deficit with Beijing crossed the USD 100...
India’s Trade Deficit in 2021-22
The trade deficit of India rose by 87.5 percent from USD 102.63 billion in 2020-21 to USD 192.41 billion in 2021-22. The total export in the last fiscal...
India-China Trade in 2021
The trade between India and China was around 125 billion USD in 2021. India’s imports from China stood at 100 billion USD. Most of the import demands were...
India – Korea Trade Talks
On January 11, 2022, India and Korea held a bilateral trade talk. The talks focused on non – tariff barriers, market access issues, trade deficit faced by the...
India’s Monthly Goods Exports – Current Trend
The Ministry of Commerce and Industry recently released the monthly goods export report of the country. According to the report, in December 2021, India exported 37.29 billion USD...
What is Commodity Super Cycle?
The prices of commodities from corn to crude oil to rubber, rhodium, copper, soy bean has been increasing since the beginning of 2021. This is referred to as...
Why did India not sign the world largest RCEP trade deal?
On November 15, 2020, China and other fourteen Asian countries signed the world largest trade pact under the RCEP of ASEAN grouping. The agreement left the doors open...
China imposes Visa restrictions on US individuals over Hong Kong
On June 29, 2020, China announced that it will impose Visa restrictions on US individuals who have “Egregious Conduct” related to Hong Kong issues. Highlights The United States...
India restricts export ban of HCQ drug
On April 7, India announced restrictions on export of Hydroxychloroquine (HCQ) drug. What is the issue? India had imposed ban on export of HCQ drug to prevent the...
Gold Imports of 2019-20 dip by 8.86% narrowing Current Account Deficit to 143 billion USD
On March 16, 2020, the Commerce Ministry reported that the gold imports for the period April to February (2019-20) has reduced by 8.86% as compared to the previous... 