India, trade deficit
India Reports Record Gold Imports in August
India reported record gold imports totaling $10 billion in August. It was over a three-fold increase over the previous month.
India's trade deficit widens in August on spike in gold imports, weak exports
India's merchandise trade deficit in August widened to $29.65 billion as merchandise exports fell, dragged down by rising shipping costs and a decline in global demand, data released by the government showed on Tuesday.
India's oil imports fall 32.4% in August amid lower crude prices, trade deficit widens: Report
The rise in total imports was supported by a surge in core imports and gold and silver imports, following duty cuts announced in the July budget. However, the fall in oil imports did little to balance the growing trade deficit,
India’s Trade Gap Widens in August as Exports Slow
India’s trade deficit widened in August with a fall in exports due to a global slowdown, while imports climbed as domestic demand remained strong ahead of the festive season.
India’s readymade garment exports reach over $6.4 billion in April-August
Bucking the trend amid persisting global challenges, the ready-made garment (RMG) exports from the country clocked 11.9 per cent growth in August, compared to the same period last year. The cumulative RMG exports for the April-August period stood at $6,
India's Garment Exports Surge 12% in August
India's ready-made garment exports rose by 12% in August, reaching USD 1.26 billion, despite global challenges such as high logistics costs. The growth reflects the industry's resilience and focus on quality.
India’s merchandise trade deficit widens to $2 9.65 billion in August
Merchandise exports rose to $34.71 billion in value terms in August, but merchandise imports increased to $64.36 billion.
India Trade Data August Revised: Imports Hit All Time High! Trade Deficit Widens To $29.65 Bn | News
India's trade data for August has been revised, showing that imports have reached a record high. This has led to a widening of the trade deficit to $29.65 billion. Exports in August declined from 2023.
India's August wholesale price index rises 1.31% on-year
India's wholesale price index rose 1.31% in August from a year earlier, government data released on Tuesday showed.
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Silver prices may soon cross ₹1 lakh per kg in India — what's driving the surge?
With strong demand, a global deficit, and bullish forecasts from major banks, silver prices are expected to continue their ...
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Mixed Reactions to India's August 2024 Trade Data Highlight Export Resilience and Global Challenges
India's August 2024 trade data shows mixed reactions from industry experts. PHDCCI praised the 5.3% year-on-year export ...
India's August wholesale inflation cools to 1.31% as global oil prices fall
India's wholesale price index based inflation eased to a four month low of 1.31% in August, helped by falling costs of crude ...