Friday, October 4, 2019, 8:26 AM
The US said that neither Indian nor American government has stated that there will be a trade agreement in 'five-minutes' but it does not see any structural reason which might stop both the nations to have a trade agreement "pretty quickly". Talking about US concerns over high trade deficit with India, Ross said that there was confusion about US position on the trade deficit.
Friday, September 13, 2019, 5:39 PM
The US on Friday expressed concern over the trade deficit with India and the challenges being faced by American companies to invest. Addressing the Indo-US Economic Summit here, US Minister Counselor for Commercial Affairs Aileen Nandi however hoped to explore possibilities at the US-India Business CEO Forum to strike a trade balance between the two countries.
Wednesday, August 14, 2019, 9:11 PM
India's trade deficit in July narrowed to $13.43-billion from $18.63-billion a year ago, the trade ministry said in a statement on August-14, helped by lower-oil import bill. Oil-imports dived 22.15% to $9.60-billion in July from $12.33 billion in a year-ago period. Merchandise exports rose 2.25% to $26.33-billion in July compared with a year earlier, while imports were down 10.43% at $39.76-billion, the data showed.
Monday, April 15, 2019, 7:58 PM
Recently released data have brought to the fore a whole new-angle in India-China trade tangle. According to a story published in Mint newspaper, China may have found a perfect way to blunt India's charge regarding the ballooning deficit in bilateral trade. Trade numbers for 2018 showed India-China trade deficit falling by a significant $10 billion, mainly because of sizeable increase in exports by India.
Thursday, March 7, 2019, 8:22 PM
The trade deficit between India and the US decreased by USD 1.6 billion, almost seven per cent, in 2018 as compared to the previous year, according to the latest official figures. India recorded a decrease in the deficit from USD 22.9 billion in 2017 to USD 21.3 billion in 2018, according to the latest figures revealed by the Bureau of Economy Analysis on Wednesday.
22 January 2019, Tuesday
What is current account deficit? Current account deficit or CAD, is an assessment of a country's foreign trade, in which the value of goo ...
Saturday, July 14, 2018, 10:08 AM
India's trade deficit has widened to a 43-month high for the month of June despite exports rising 17.57% to USD 27.7 billion in June. The trade deficit figure came in at USD 16.6 billion due to costlier crude oil imports. The country's imports also increased by 21.31% to USD 44.3 billion during the month, suggested the report citing data from the Ministry of Commerce.
28 June 2018, Thursday
The Indian Rupee has hit an all-time low of Rs 69 per US Dollar. This has happened for the first tim ...
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