India, Trade and round of talks
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India's current account deficit widened less than expected in the October-December quarter, largely due to a buoyancy in services exports, central bank data released on Friday showed. The current account deficit stood at $11.
India’s merchandise imports grew 6 percent in the third quarter to $186.7 billion, but a pick in demand helped exports rise to $109 billion and bring down goods trade deficit
India's current account deficit (CAD) rose to USD 11.5 billion in the December quarter, attributed to a higher trade deficit. Despite moderation from USD 16.7 billion in the previous quarter, merchandise trade deficits and foreign direct investment outflows were notable contributors,
India's current account deficit widened in the October-to-December quarter, largely due to a higher trade gap, the central bank said on Friday.
A report released by Barclay’s Chief India Economist Aastha Gudwani has analysed Indo-US trade in detail and suggests that India might take a cluster-wise approach to the negotiations.
The CAD in the December quarter of 2024-25 has moderated from $16.7 billion (1.8 per cent of GDP) in the preceding quarter of the fiscal year
India's merchandise trade deficit in February stood at $14.05 billion, according to a Reuters calculation based on export and import data released by the government on Monday.
India’s current account deficit (CAD) inched up to USD 11.5 billion, or 1.1 per cent of GDP, in the December quarter from USD 10.4 billion (1.1 per cent of GDP) in the year-ago period, mainly due to higher trade deficit,
India’s current account deficit (CAD) rose marginally to $11.5 billion or 1.1 per cent of gross domestic product (GDP) during the October–December 2024 quarter of financial year 2025 (Q3FY25), from $10.4 billion or 1.1 per cent of GDP a year ago, amid a rise in service exports.
India's trade deficit shrank significantly to USD 14.05 billion in February 2025, marking its lowest level since August 2021. This sharp decline follows a substantial fall in imports, driving the improvement in trade balance.
India's current account deficit (CAD) increased to USD 11.5 billion in the December quarter, marking a slight rise from the previous year's corresponding period, attributed to a higher trade deficit.