A report by CARE Ratings shows that the gap between exports and imports is the highest since 2012-13 when it peaked to $190 billion
The largest component of the import bill, crude oil, saw inbound shipments declined by 8 per cent, up from the 3.59 per cent fall in the previous month
Imports declined by 5.4 per cent to $36.26 billion in the last month, narrowing the trade deficit to $9.6 billion
Imports almost remained flat at $41 billion during the last month, narrowing the trade deficit to $14.73 billion
Some gains likely from US-China tariff war, with exports to China rising; softening of inward FDI remains a worry
Export growth plunges to 0.32% as major sectors contract
Progress has been achieved in many areas but export is not picking up steadily and in contrast import is on the rise
The trade deficit increased to USD 63.12 billion in 2017-18 as against USD 51.11 billion in the previous fiscal
Instead of relying on the rupee, removing sector-wise impediments will help
The relative stagnation in the net surplus on services trade means that it has started falling short of the net deficit on trade in oil, writes T N Ninan
India imported gold worth $3.63 billion in August, with inbound trade shooting up by more than 90 per cent
Despite India's huge dependence on oil, it has not been the largest contributor to the trade deficit
While a weaker rupee is positive for exports, it poses an inflation risk for a nation that imports more than 80 per cent of its crude-oil needs
The trade deficit increased to $18.02 billion in July, up from $16.61 billion in June
The trade deficit widened as oil imports surged 57.41% to $12.35 bn
Major labour-intensive sectors showed signs of built up stress reducing and growth approaching
India's exports to Africa between 2014 and 2018 dipped by 4.22% and imports increased 1%; during 10 years of UPA rule, exports to Africa increased 22% and imports 59%
RBI said the widening of the CAD on a year-on-year (y-o-y) basis in fourth quarter was primarily due to a higher trade deficit ($41.6 billion) brought about by a larger increase in merchandise import.
Net services receipts rose 17.8% during the reporting quarter mainly on the back of a rise in net earnings from software services and travel receipts
Due to weak exports and a sharp rise in imports