Trade deficit

  • Services exports to cross USD 300 billion this fiscal: Piyush Goyal

    The country’s services exports are doing “extremely well” and going by the current trend these outbound shipments would register about 20 per cent growth in this fiscal and cross the USD 300 billion target despite global economic uncertainties, Commerce and...

    Published On February 28th, 2023
  • India’s exports drop 12.2% in December, trade deficit inches up

    India’s exports drop 12.2% in December It is now clear how a developing recession in the west is affecting India's overseas commerce. Due to a downturn in demand from important markets following aggressive rate hikes by major central banks and...

    Published On January 17th, 2023
  • Overall Trade Deficit Down at $11.11 bn in November

    India’s overall trade deficit for goods and services in November this year has fallen to $11.11 billion, lower than year-ago and month-ago levels. Moreover, thanks to a recovery in exports, India’s monthly merchandise trade deficit came down to a six-month...

    Published On December 20th, 2022