by TANVI_MUNJAL | Dec 22, 2024 | Finance & Economy, News & Insights
India’s growing trade surplus with the United States has placed the country squarely on the radar of the Trump administration. While not previously among the top 10 countries with the largest US trade deficits, India’s robust electronics exports have...
by TANVI_MUNJAL | Nov 25, 2024 | Finance & Economy, News & Insights
India’s economy continues to demonstrate resilience, particularly in the face of global economic uncertainties. Commerce and Industry Minister Piyush Goyal recently highlighted the country’s strong performance in services exports as a key factor mitigating...
by TANVI_MUNJAL | Nov 1, 2024 | Finance & Economy, News & Insights
India’s merchandise trade deficit narrowed to a five-month low of $21 billion in September 2024, primarily driven by a surge in textile exports. This positive trend comes amidst a backdrop of geopolitical tensions, particularly in West Asia, which have disrupted...
by TANVI_MUNJAL | Aug 27, 2024 | Business & Policy, Finance & Economy, News & Insights
India is aiming to renegotiate its free trade agreement with the Association of Southeast Asian Nations (ASEAN) to address concerns over a widening trade deficit and the influx of goods from third countries. The government is seeking further tariff reductions on key...
by TEXTILE VALUE CHAIN | Jan 31, 2024 | Finance & Economy, News & Insights
The Bharat Chamber of Commerce (BCC) in collaboration with the Indian Council of Arbitration organised a Symposium on ‘Unravelling India’s New Foreign Trade Policy for India’s Growth’ on Saturday at ‘The Oberoi Grand’ in Kolkata. The symposium aimed to shed light on...
by TEXTILE VALUE CHAIN | Jan 20, 2024 | Business & Policy, E-commerce, News & Insights
The Ministry of Commerce has announced the development of an online platform aimed at providing guidance and support to aspiring exporters. Director General of Foreign Trade, Santosh Kumar Sarangi, revealed that the Trade Connect e-Platform will be available for...
by TANVI_MUNJAL | Dec 19, 2023 | Finance & Economy, News & Insights
India’s merchandise trade deficit for November showed a significant decline, surprising economists and experts. The deficit stood at $20.5 billion, lower than the same month last year and considerably lower than the previous month of October. This unexpected...
by Manali bhanushali | Jun 3, 2021 | Industry And Cluster, News & Insights
India’s trade deficit narrowed to an eight-month low in May at $6.3 billion as rising external demand kept exports ticking and the pandemic caused imports to dip. Merchandise exports remained above the $30 billion mark for the third month in a row at $32.2 billion,...
by munimji | Jul 3, 2020 | Finance & Economy, News & Insights
According to the government data, it has been stated that India’s trade deficit with China has fallen to $48.66 billion in 2019-20 due to the decline in imports from China. In the last financial year, the exports from India to China were at $16.6 billion whereas...
