Page 4 - Trade Deficit
India's July trade deficit widens to record $31 bn; exports dip marginally
Gold imports declined 43.6% to $2.4 bn after the Centre raised import duty on gold last month to discourage buyers in the world's second-largest consumer
 "India's July trade deficit widens to record $31 bn; exports dip marginally")
India's non-oil exports to Nepal fell 13% to $943 mn in April-May
Himalayan neighbour bans imports of non-essentials amid depleting forex; dip could impact India's FY23 trade deficit which is already worsening on fears of recession in developed countries
 "India's non-oil exports to Nepal fell 13% to $943 mn in April-May")
Spike in imports, fall in exports widen India's trade deficit with China
In FY22, India's trade deficit with China was recorded at $72.9 billion, up nearly $29 billion from FY21's figure of $44 billion
 "Spike in imports, fall in exports widen India's trade deficit with China")
Rupee at 80: Little relief on the cards from high trade deficit
Due to global risk aversion on the back of geo-political tensions and aggressive policy tightening by the Fed, the dollar has appreciated against most currencies, including the rupee
 "Rupee at 80: Little relief on the cards from high trade deficit")
Trade deficit widens to record $26.18 bn amid rise in imports of items
Imports jumped 57.55 per cent to a record $66.31 billion
 "Trade deficit widens to record $26.18 bn amid rise in imports of items")
Exports up 23.5% to $40 bn in June; trade deficit widens to record $26.2 bn
Crude oil imports in June almost doubled to $21.3 billion. Coal and coke imports more than doubled to $6.76 billion in the month under review as against $1.88 billion in June 2021
 "Exports up 23.5% to $40 bn in June; trade deficit widens to record $26.2 bn")
Top headlines: ED arrests ex-NSE MD; June trade deficit widens to $26 bn
Business Standard brings you the top headlines this hour
 "Top headlines: ED arrests ex-NSE MD; June trade deficit widens to $26 bn")
India's current account deficit likely to touch $105 bn this fiscal: Report
In the report on Tuesday, Bank of America (BofA) Securities revised upwards its Current Account Deficit (CAD) forecast by 0.4 percentage points for this financial year.
 "India's current account deficit likely to touch $105 bn this fiscal: Report")
The emerging stress in imports: Surprisingly, it's coal more than oil
Surprisingly, its coal more than oil that is emerging as a huge pressure point
 "The emerging stress in imports: Surprisingly, it's coal more than oil")
What is the current account deficit?
Japanese brokerage Nomura recently said that India's current account deficit could widen to 3.3% of GDP in FY23 from 1.2% in the previous fiscal. But what is current account deficit? Let's understand
 "What is the current account deficit?")
Pakistan's trade deficit hits record-high of $48.66 bn as imports soar
Cash-strapped Pakistan's trade deficit has surged to an all-time high of USD 48.66 billion in the outgoing fiscal year, up from USD 30.96 billion a year ago, a significant 57 per cent jump
 "Pakistan's trade deficit hits record-high of $48.66 bn as imports soar")
Export curbs, higher energy prices may spike trade deficit further in FY23
Revenues from the export of industrial metals would also take a hit from a decline in metal prices
 "Export curbs, higher energy prices may spike trade deficit further in FY23")
High commodity prices continue to weigh on trade deficit: Acuite
The expectation of the expansion of the current account deficit is not just driven by elevated global commodity prices, but is also linked to the unlocking of the economy reviving pent-up demand and improved vaccination cover aiding an organic recovery in the economy, ratings and research firm Acuite Ratings & Research said in a report.
 "High commodity prices continue to weigh on trade deficit: Acuite")
Exports up 15.46% in May; trade deficit widens to a record $23.3 billion
India's merchandise exports grew 15.46 per cent YoY to $37.29 billion in May
 "Exports up 15.46% in May; trade deficit widens to a record $23.3 billion")
Exports rise 30.7% to $40.19 bn in Apr; trade deficit widens to $20.11 bn
Imports during the month of April under review grew by 30.97 per cent to USD 60.3 billion.
 "Exports rise 30.7% to $40.19 bn in Apr; trade deficit widens to $20.11 bn")
India's gold imports surge to $46.14 bn in FY22 on higher demand
The surge in gold imports during the last financial year contributed to the widening of the trade deficit to USD 192.41 billion, against USD 102.62 billion in 2020-21
 "India's gold imports surge to $46.14 bn in FY22 on higher demand")
Trade deficit widens to $192 billion in FY22; imports at record high
Value of inbound petroleum shipments nearly doubles; account for 26% of total imports
 "Trade deficit widens to $192 billion in FY22; imports at record high")
India's trade deficit rises 88% to $192.41 billion in FY22: Govt data
The trade deficit in March 2022 was $18.69 billion, while it was $192.41 billion during entire 2021-22
 "India's trade deficit rises 88% to $192.41 billion in FY22: Govt data")
India's exports rise 25% YoY in February; trade deficit at $20.8 billion
Trade deficit was $15.1 billion in February last year and at $17.42 billion a month ago
Feb exports rise 22% YoY to $33.8 bn; trade deficit widens to $21.19 bn
Remain above $30-bn mark but pace of growth slows for 2nd month in a row
 "Feb exports rise 22% YoY to $33.8 bn; trade deficit widens to $21.19 bn")
