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Exports up 9.59% at $23.5 bn in October; trade deficit at $10 bn

Exports up 9.59% at $23.5 bn in October; trade deficit at $10 bn

Exports continued to grow for the second month in a row, expanding by 9.59 percent to USD 23.51 billion in October on healthy growth in shipments of jewellery and engineering products.

India's Q1 current account deficit narrows to 0.1% of GDP

India's Q1 current account deficit narrows to 0.1% of GDP

India’s current account deficit (CAD) narrowed to USD 0.3 billion, or 0.1 percent of GDP, in the first quarter of 2016-17 on account of lower trade gap.

 

Expect current a/c surplus of $4 billion in June quarter: Nomura

Expect current a/c surplus of $4 billion in June quarter: Nomura

Japanese brokerage Nomura on Friday said the country is likely to post first quarterly current account surplus in nine years in the June quarter at USD 4 billion or 0.8 percent of the GDP.

Lower CAD a healthy sign, will meet macro data target: Lavasa

Lower CAD a healthy sign, will meet macro data target: Lavasa

Buoyed by the current account nearing surplus for the first time in nine years, the government on Friday said reduction in CAD is a sign of economic health and it is committed to sticking to its targets.

CAD narrows sharply to $0.3 billion in Q4 on lower trade deficit

CAD narrows sharply to $0.3 billion in Q4 on lower trade deficit

The Reserve Bank of India data on Thursday showed that the current account deficit also shrunk to 1.1 percent of the GDP in FY2015-16 from 1.8 percent in the previous fiscal.

India has trade deficit with 27 countries for last 3 years: Nirmala Sitharaman

India has trade deficit with 27 countries for last 3 years: Nirmala Sitharaman

India has a trade deficit with as many as 27 major countries, including China, Australia, Iraq and Iran, during the last three years.

CAD narrows to 1.3% of GDP in December quarter: RBI

CAD narrows to 1.3% of GDP in December quarter: RBI

India's current account deficit (CAD) narrowed to 1.3 percent of GDP in third quarter of the fiscal as against 1.5 percent in the same period last year, mainly on account of lower trade deficit.

Gold imports contract 29.5% to $1.39 bn in February

Gold imports contract 29.5% to $1.39 bn in February

After a sharp rise in January, gold imports in February declined 29.49 percent to USD 1.39 billion, which is expected to keep a lid on the country's current account deficit (CAD).

India's trade deficit with China swells to $51.9 bn in 2015

India's trade deficit with China swells to $51.9 bn in 2015

During this period, India's exports to China came in at USD 9.68 billion while imports were USD 61.54 billion.

India-China trade deficit at $44.7 billion in April-January

India-China trade deficit at $44.7 billion in April-January

India's exports to China stood at USD 7.56 billion during the period whereas the imports has jumped to USD 52.26 billion in April-January.

Exports contract for 13th consecutive month; dips 15% in December

Exports contract for 13th consecutive month; dips 15% in December

India's exports contracted for the 13th month in a row, dipping about 15 percent in December to USD 22.2 billion due to steep decline in engineering and petroleum shipments.

Exports shrink for 11th month in a row, down 17.33% in Oct to $21.35 billion

Exports shrink for 11th month in a row, down 17.33% in Oct to $21.35 billion

For the 11th month in a row, India's merchandise exports dipped in the month of October by 17.33 percent to USD 21.35 billion mainly due to weak global demands.

US trade deficit drops to $41.9 billion in July

The US trade deficit fell in July to the lowest level in five months as exports posted a small gain while imports declined, reflecting a big drop in shipments of consumer goods such as cell phones.

US trade gap narrows in July

The US trade deficit narrowed in July as exports increased and imports fell sharply, led by a decline in consumer goods, the Commerce Department reported Thursday.

China yuan devaluation to hit India's exports: FIEO

India's exports will be hit and the trade deficit might widen after the devaluation of Chinese currency yuan by 2 percent, which is bound to raise the competitiveness of outbound shipments from the neighbouring country, exporters' body FIEO said Tuesday.

India's trade deficit with China at $8 bn in April-May: Sitharaman

India`s trade deficit with China touched $8 billion during April-May of this fiscal, while the figure for 2014-15 has grown to $48.47 billion from $36.2 billion in 2013-14, parliament was told on Friday.

US trade deficit widens to $41.9 bn in May

The US trade deficit widened modestly in May as exports fell more than imports, the Commerce Department reported Tuesday.

Japan posts $1.75 bn trade deficit in May

Japan posted a USD 1.75 billion trade deficit in May, shrinking drastically from a year earlier as energy imports declined, data showed on Wednesday.

Trade deficit narrows to $10.4 billion in May

The country's gold imports were however increased by 10.4 percent to $2.42 billion in May this year.

Imbalanced trade not in India, China's interest: V K Singh

India Thursday said "imbalanced" trade with China leading to a yawning USD 47 billion trade deficit needs to be "pro-actively" addressed through improved market access for Indian products with competitive advantage like those in IT and agro.