Stay updated with the latest balance-of-trade news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on balance-of-trade topics.
New Delhi [India], August 1 (ANI): Experts from across Indian industries have expressed confidence in the resilience of the Indian economy amid the US President Donald Trump's decision to impose a 25 per cent tariff on Indian goods, describing the move as impactful in the short term but unlikely to dent India's long-term economic growth story. Reacting to the tariff hike announced by President Trump, Sushil Mohta, Chairman of the Kolkata-based real estate player Merlin Group, said India's robus ...Read More >
New Delhi: India's goods exports in June fell a tad from a year earlier, but a sharper drop in imports aided the trade deficit to narrow to a four-month low. Exports reduced 0.05% year-on-year to $35.14 billion, a seven month low, while imports fell 3.71% to $53.92 billion, leaving a trade deficit of $18.78 billion compared with $20.84 billion in June last year. Exports to the US in the past month rose sharply to $25.52 billion from $20.89 billion, despite the base tariff on Indian goods shipp ...Read More >
New Delhi [India], July 16 (ANI): India's goods trade deficit is projected to widen to USD 300 billion in FY26, up from USD 287 billion in FY25, as weak global demand weighs on exports while resilient domestic consumption is expected to fuel higher imports, as anticipated by ICICI Bank Global Markets in its latest report. The report attributes the sluggish growth in merchandise exports largely to tepid demand from non-US markets. While shipments to the US have held up due to the front-loading o ...Read More >
New Delhi, Jul 15 (PTI) Two people died and four others were injured after a fire broke out at a house in east Delhi's Old Govindpura area on Tuesday evening, an official said. Police have identified the deceased as Tanveer (28) and Nusrat. A call was received at Jagatpuri police station at 8.46 pm regarding a fire incident at Band Gali, Old Govindpura, Deputy Commissioner of Police (Shahdara) Prashant Gautam said. When a police team reached the spot, it found that 10 people were trapped insi ...Read More >
New Delhi: India's goods exports in June fell a tad from a year earlier, but a sharper drop in imports aided the trade deficit to narrow to a four-month low. Exports reduced 0.05% year-on-year to $35.14 billion, a seven month low, while imports fell 3.71% to $53.92 billion, leaving a trade deficit of $18.78 billion compared with $20.84 billion in June last year. Exports to the US in the past month rose sharply to $25.52 billion from $20.89 billion, despite the base tariff on Indian goods shipp ...Read More >
New Delhi, Jul 15 (PTI) As Tesla announced its foray into the Indian market on Tuesday, Liberty General Insurance and ACKO said they have become insurance partners for the American electric carmaker in India. Liberty General Insurance said it has developed a suite of finely tuned protection plans that complement Tesla's engineering and performance excellence while anticipating the distinct needs of EV users. "At Liberty, we're deeply honoured to be among Tesla's preferred insurance providers f ...Read More >
Chennai: Merchandise trade deficit narrowed down, both annually and sequentially to $18.78 billion in June. Exports remained flat against the same month last year, while imports declined 3.7 per cent in the month. India's trade deficit stood at $18.78 billion in June 2025 against $20.84 billion in June 2024 and $21.88 billion in May 2025. Merchandise exports in June were flat at $35.14 billion against $35.16 billion in the same month last year. On the import side, the country saw a 3.71 per ce ...Read More >
New Delhi, Jul 15 (PTI) Jaipur-based SK Finance Ltd, a non-banking financial company, on Tuesday reported 27 per cent rise in its loan book to Rs 13,261 crore for FY25, compared to Rs 10,476 crore in the previous year. Despite weathering industry headwinds in FY25, SK Finance stayed resilient, delivering an impressive performance backed by robust demand and focused expansion, the company said in a statement. Also Read | Bodoland Lottery Result Today, July 15, 2025: Assam State Lottery Sambad T ...Read More >
New Delhi: India's combined exports of merchandise and services for April to June 2025 touched 210.31 billion US dollars, marking a 5.94 per cent rise over the same period last year. Last year during the first quarter, it was at 198.52 billion US dollars. According to Government data cumulative value of merchandise exports during April-June 2025 was 112.17 billion US dollars, as compared to 110.06 billion US dollars during April-June 2024, registering a positive growth of 1.92 per cent. Electr ...Read More >
India's overall trade deficit (merchandise and services) narrowed significantly to $3.51 billion in June 2025, down from $7.30 billion in June 2024, as exports outpaced imports on a year-on-year basis, government data showed on Tuesday. The decline in the trade deficit reflects stronger export performance, aided by resilient demand in key global markets and robust service sector growth. The data suggests that overall exports (merchandise and services) rose to $67.98 billion in June 2025, compa ...Read More >
New Delhi [India], July 15 (ANI): In a major push to promote healthier lifestyles and combat the rise of obesity and Non-Communicable Diseases like diabetes and heart disease among others, the Union Health Ministry has proposed to prominently display boards indicating the amount of oil and sugar content in popular snacks, such as pizzas and burgers as well as samosas, vada paav, kachori among others, in schools, offices, institutions, Departments/Offices/autonomous bodies and organisations. Als ...Read More >
New Delhi: India's trade deficit for June this year narrowed to USD 18.78 billion, compared to USD 21.88 billion in May, according to data released by the Commerce and Industry Ministry on Tuesday. India's exports growth remained flat at USD 35.14 billion in June as against USD 35.16 billion same month last year. While the country's imports declined by 3.71 per cent to USD 53.92 billion in June as against USD 56 billion a year ago, according to the data. Meanwhile, the trade in services showed ...Read More >
New Delhi [India] July 15 (ANI): India overall trade deficit (merchandise and services) narrowed significantly to USD 3.51 billion in June 2025, down from USD 7.30 billion in June 2024, as exports outpaced imports on a year-on-year basis, government data showed on Tuesday. The decline in the trade deficit reflects stronger export performance, aided by resilient demand in key global markets and robust service sector growth. The data suggests that overall exports (merchandise and services) rose ...Read More >
New Delhi, Jul 15 (PTI) The Congress on Tuesday hoped that Prime Minister Narendra Modi will "finally agree" to a discussion on China in the forthcoming Monsoon session of Parliament, and said that when Parliament could debate the border situation during the 1962 Chinese invasion then why not now. Tagging a media report on External Affairs Minister S Jaishankar calling on Chinese President Xi Jinping and apprising him about the recent development in India-China bilateral ties, Congress leader R ...Read More >
New Delhi [India], July 15 (ANI): India's export status is expected to remain unchanged, as the trade data indicates strong growth opportunities in selected key product categories, according to the quarterly trade watch by government think tank, NITI Aayog. 'The data suggests strong growth opportunities in targeted product categories while highlighting areas where India's export status is expected to remain unchanged,' the report added. NITI Aayog further stated that India stands to gain a sig ...Read More >
New Delhi, Jul 15 (PTI) YouTuber Samay Raina appeared before the National Commission for Women (NCW) in Delhi on Tuesday, months after he was summoned in connection with allegedly offensive and sexist content aired during his show "India's Got Latent", officials said. Raina was also among the five social media influencers who appeared before the Supreme Court in a case seeking action against them for ridiculing persons suffering from disabilities. Raina submitted his statement in response to t ...Read More >
New Delhi [India], July 15 (ANI): India's export status is expected to remain unchanged, as the trade data indicates strong growth opportunities in selected key product categories, according to the quarterly trade watch by government think tank, NITI Aayog. "The data suggests strong growth opportunities in targeted product categories while highlighting areas where India's export status is expected to remain unchanged," the report added. Also Read | Female Planet Warriors - Committed to Sustain ...Read More >
Dantewada (Chhattisgarh) [India] July 15 (ANI): The tribal-dominated Dantewada district is all set to make its footprint visible in the high-octane sport of Thai Kick Boxing, as young athletes here have clinched medals in international as well as national events. With the support of the Chhattisgarh Government, the youth of Dantewada are sharpening their skills and preparing for Thai Kick Boxing events to be held in the country and overseas. As Dantewada moves on the path to becoming a hub for ...Read More >
NEW DELHI, July 15 (Reuters) - India's merchandise trade deficit (INTRD=ECI), opens new tab in June stood at $18.78 billion, according to Reuters' calculations based on export and import data released by the Ministry of Commerce & Industry on Tuesday. Economists had expected the June trade deficit to be at $22.24 billion, according to a Reuters poll, compared to $21.88 billion in the previous month. Exports of goods stood at $35.14 billion in June while imports were at $53.92 billion, compared ...Read More >
NEW DELHI (Reuters) -India's merchandise trade deficit in June stood at $18.78 billion, according to Reuters' calculations based on export and import data released by the Ministry of Commerce & Industry on Tuesday. Economists had expected the June trade deficit to be at $22.24 billion, according to a Reuters poll, compared to $21.88 billion in the previous month. Exports of goods stood at $35.14 billion in June while imports were at $53.92 billion, compared with $38.73 billion of exports and $ ...Read More >
New Delhi: India's merchandise trade deficit narrowed to $18.78 billion in June from $21.88 billion in May amid a shift in export and import activity, provisional data released by the Ministry of Commerce and Industry showed on Tuesday. Merchandise exports fell to $35.14 billion in June, compared with $38.73 billion in the previous month. Imports declined to $53.92 billion, down from $60.61 billion in May. In absolute terms, India had exported $35.20 billion worth of goods in June 2024, while ...Read More >
Kannur (Kerala) | Kerala General Education Minister V Sivankutty on Tuesday said that the government would not allow the "blending of religion with education" and reiterated that there would be no change in the revised school timings. Under the revised timetable, high school students (classes 8 to 10) will spend an extra 15 minutes in the morning and another 15 minutes in the afternoon on each working day except Fridays to help schools reach the required 1,100 instructional hours per year. How ...Read More >
New Delhi [India], July 15 (ANI): India export status is expected to remain unchanged, as the trade data indicates strong growth opportunities in selected key product categories, according to the quarterly trade watch by government think tank, NITI Aayog. The data suggests strong growth opportunities in targeted product categories while highlighting areas where India export status is expected to remain unchanged, the report added. NITI Aayog further stated that India stands to gain a significa ...Read More >
New Delhi: The Trump administration's tariff policies have opened up opportunities for India to gain market share in several product categories, but the Asian nation must act swiftly to capitalize on this advantage, NITI Aayog said in a quarterly assessment released Monday. In its Trade Watch report, the government's policy think tank said India should implement targeted export promotion measures, deepen its integration into global value chains, and pursue a services-focused trade deal with the ...Read More >
Chennai: Surge in imports by the US ahead of anticipated tariff increases may see global trade expand by around $300 billion in the first half of 2025, with goods contributing about $230 billion and services around $70 billion. However, India was among the few countries that saw both goods and services trade decrease in the March quarter. The second half may see slower growth, finds UNCTAD. Global trade in goods and services continued its positive trajectory during the March quarter of 2025 wit ...Read More >
New Delhi [India], July 13 (ANI): India's merchandise trade deficit likely narrowed modestly to USD 20.7 billion in June 2025, down from USD 21.9 billion in the previous month, driven by easing crude oil prices, muted gold imports, and a shift in sourcing strategy that helped offset global commodity volatility, said a report by Union Bank of India (UBI). The report added that a sharp but temporary decline in global crude prices following a ceasefire between Israel-Iran, coupled with rising OPEC ...Read More >
New Delhi, Jul 10 (PTI) India needs to strengthen its shipping ecosystem to reduce vulnerability in times of global crises and promote the country's trade, Special Secretary in the Department of Commerce Rajesh Agrawal said on Thursday. He said Indian flag vessels are very limited in number, and this leads to around USD 50 billion of trade deficit that we do have in the services sector solely due to maritime logistics. Calling the situation "unsustainable" as it also makes India "vulnerable", ...Read More >
New Delhi: The United States has once again shown its willingness to muscle into the internal affairs of sovereign nations, with President Donald Trump imposing a sweeping 50% tariff on goods from Brazil. Not so surprisingly, the reason is a personal grudge and open interference in Brazil's ongoing legal proceedings against former President Jair Bolsonaro. Trump's letter to Brazilian President Luiz Inacio Lula da Silva dispensed with the usual diplomatic platitudes, making it clear that the ta ...Read More >
Agartala (Tripura) [India], July 10 (ANI): A large-scale state-level mock exercise simulating flood and landslide scenarios was successfully conducted across Tripura with special emphasis on West Tripura District by the District Disaster Management Authority (DDMA) under the supervision of the National Disaster Management Authority (NDMA). Vishal Kumar, District Magistrate (DM) of West Tripura, addressed the media following the drill, and highlighted that rescue operations were carried out simu ...Read More >
New Delhi: The letter was sharp and its message was unmistakable. Sri Lanka. Algeria. Iraq. Libya. Brunei. Moldova. Philippines. All now slapped with fresh US tariffs - some as high as 30%. The White House did not blink. The list kept growing. Seven more countries have now been pulled into President Donald Trump's intensifying tariff dragnet, expanding his sweeping campaign to punish what he calls "unfair treatment" of American goods. The new penalties land hard. Sri Lanka, Algeria, Iraq and Li ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.