India Trade Deficit Widens in December The merchandise trade deficit in India was $21.94 billion in December of 2024, widening from the $19.8 billion in the corresponding period of the previous year, but below market expectations of a sharper $27.3 billion deficit. Imports grew by $1.7 billion...
India's steel trade deficit, the difference between imports and exports, has widened to Ru 4,284 crore in the first two months (April and May), approximately 47 per cent of the Ru 9,036 crore recorded in FY24, as the country continues to be a net importer of the metal, with a ...
China on Thursday reiterated that it "attaches great importance" to India's concerns over trade imbalance, saying both countries must find new "dynamic" ways to resolve the matter. The assurance came after latest trade figures showed India's trade deficit with China stood at 57 billion...
As defined by Investopedia, a country whose total value of all imported goods is higher than its value of all exports is said to have a negative trade balance or deficit. It would be unrealistic for any exporting nation to expect across-the-board positive trade balances with all its importing...
Meanwhile, emerging markets serving as 'bridges' to trade with Chinawill be hit 'pretty hard' by U.S. President Donald Trump, according to portfolio manager Fergus Argyle of EFG New Capital. Argyle also explains why his emerging markets fund is not invested in either China and Vietnam....
Keeping in view the current Indian economic scenario what will be the value of Rupee in comparison to Dollar in 2024? In 2007, the U.S. trade deficit with China hit an all-time high of $256.3 billion, the largest deficit ever recorded with a single country. Chinese currency, the yuan,...
India's steel trade deficit widened to over Ru.11,500 crore for April - January period, up 30 per cent in a one-month-period and 15 per cent on a y-o-y basis, as imports from China continued to surge, up 80 per cent-odd on a y-o-y basis a Steel Ministry report reviewed by...
One of the key factors that once helped balance the trade deficit between the US and China was China's large-scale purchases of commercial aircraft from American manufacturers. The Economic Times8 Feb 2025 1:54 am Today's Horoscope, February 08, 2025: In-depth predictions for Aries, Taurus,...
What happens if the US sanctions India more frontally for its energy trade with Russia, or for buying more Russian hardware at the expense of counterpart American offers, and if China and the US reach a modus vivendi — the G2 conceived during Barrack Obama’s tenure to run the world, ...
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