Trade Deficit

Why India Can’t Accept China’s ‘Zero-Tariff’ Offer Despite Its Market Appeal

In the middle of U.S. tariff pressures and fears of cheap imports, India stays cautious on Asia’s largest trade bloc.

Aug 20, 2025, 02:19 AM IST

Trading With The ‘Enemy’? Pakistan’s India Imports Soar As China Exports Crash, Exposing Diplomatic Double Game

A sharp $220.58 million worth of goods crossed into Pakistan from across the eastern border. Last year, it was slightly lower, $206.89 million. The year before that, it was at $190.04 million.

Jul 24, 2025, 06:48 AM IST

"America Will Go Bankrupt...": Elon Musk Criticises High Trade Deficit, Expenditure Of Tax Money

The DOGE Head also hit back at the criticism faced by Democrats over DOGE cuts and blamed the bureaucracy for the criticism for not allowing the implementation of presidential orders.  

Feb 19, 2025, 13:39 PM IST

India's Export, Import Fell In May, Trade Deficit Rises To 5-Month High

As a result, the trade deficit rose to a five-month high of $22.1 billion. India has been consistently witnessing a trade deficit for many years now.

Jun 15, 2023, 20:56 PM IST

Exports dip by 3.52 percent to USD32.62 bn in September; trade deficit widens to USD 27.72 bn

Imports during the month, however, grew by 5.44 per cent to USD 59.35 billion as against USD 56.29 billion in September 2021, the data showed.

Oct 04, 2022, 10:25 AM IST

Exports rise 23.52% to $40.13 billion in June; trade deficit at record $26.18 billion

India's merchandise exports in June grew by 23.52 per cent to USD 40.13 billion. 

Jul 14, 2022, 19:34 PM IST

India’s exports rise 20.55% to USD 38.94 bn in May; trade deficit at record USD 24.29 billion

The trade deficit during the first two months of this fiscal widened to USD 44.69 billion against USD 21.82 billion in the year-ago period.

Jun 15, 2022, 15:25 PM IST

China promises action on India's trade deficit, urges RCEP focus

China on Monday promised to address the issue of its massive trade surplus with India and work towards a more balanced trade relationship.

Mar 26, 2018, 23:17 PM IST

Trade deficit with China costs 2 million jobs to US: White House

Since 2001, when China joined the World Trade Organisation, its economy has grown from USD 1 trillion of GDP to USD 12 trillion; roughly an 800 per cent growth rate.

Mar 23, 2018, 17:39 PM IST

India's current account deficit likely at 1.7% in FY18: Report

According to RBI data, the current account deficit rose to 2% of the GDP at $13.5 billion in the December quarter.

Mar 19, 2018, 16:52 PM IST

US pursues India at WTO, widening trade offensive's Asia focus

The action opened a new front in US President Trump's confrontations with major trading partners.

Mar 15, 2018, 08:46 AM IST

India's July-September current account deficit more than doubles to $7.2 billion

However, CAD in the second quarter narrowed sharply from USD 15 billion (2.5 percent of GDP) in the preceding quarter, the RBI said today.

Dec 13, 2017, 19:36 PM IST

US trade deficit in January largest since 2012

The US trade gap shot up in January to its highest monthly level in almost five years, the Commerce Department reported Tuesday, and analysts say trade is likely to drag down growth.

Mar 07, 2017, 21:01 PM IST

Cash position in economy may not be enough till March: Nomura

The impact of demonetisation is still visible and cash levels in the economy are not expected to be sufficient until March, which may keep trade volumes depressed for the next two months, says a Nomura report.

Feb 17, 2017, 13:44 PM IST

US trade deficit falls as exports hit more than 1-1/2 year high

The US trade deficit fell more than expected in December as exports rose to their highest level in more than 1-1/2 years, outpacing an increase in imports.

Feb 07, 2017, 22:08 PM IST

Exports up 9.59% at $23.5 bn in October; trade deficit at $10 bn

Exports continued to grow for the second month in a row, expanding by 9.59 percent to USD 23.51 billion in October on healthy growth in shipments of jewellery and engineering products.

Nov 15, 2016, 19:29 PM IST

India's Q1 current account deficit narrows to 0.1% of GDP

India’s current account deficit (CAD) narrowed to USD 0.3 billion, or 0.1 percent of GDP, in the first quarter of 2016-17 on account of lower trade gap.

 

Sep 21, 2016, 17:58 PM IST

Expect current a/c surplus of $4 billion in June quarter: Nomura

Japanese brokerage Nomura on Friday said the country is likely to post first quarterly current account surplus in nine years in the June quarter at USD 4 billion or 0.8 percent of the GDP.

Sep 02, 2016, 17:12 PM IST

Lower CAD a healthy sign, will meet macro data target: Lavasa

Buoyed by the current account nearing surplus for the first time in nine years, the government on Friday said reduction in CAD is a sign of economic health and it is committed to sticking to its targets.

Jun 17, 2016, 17:38 PM IST

CAD narrows sharply to $0.3 billion in Q4 on lower trade deficit

The Reserve Bank of India data on Thursday showed that the current account deficit also shrunk to 1.1 percent of the GDP in FY2015-16 from 1.8 percent in the previous fiscal.

Jun 16, 2016, 17:44 PM IST