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China may have found a way to keep India in the dark over trade deficit

Monday, April 15, 2019, 7:58 PM

China may have found a way to keep India in the dark over trade deficit

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.

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US trade deficit with India decreased by USD 1.6 billion in 2018

Thursday, March 7, 2019, 8:22 PM

US trade deficit with India decreased by USD 1.6 billion in 2018

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.

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22 January 2019, Tuesday

What Is Current Account Deficit?

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 ...

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India's trade deficit widens to 43-month high in June

Saturday, July 14, 2018, 10:08 AM

India's trade deficit widens to 43-month high in June

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.

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28 June 2018, Thursday

Indian Rupee vs Dollar: All Time Record Low Of Rs 69

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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