Today news
About the same in other media
Trade deficit in Jan dips as imports fall more than exports
Reading now: 735
Icra Ltd expects India’s monthly trade deficit to stand at about $20 billion–$25 billion in the remaining months of FY24, resulting in a current account deficit of around 2.5% of GDP in Q3 and 1.7% of GDP in Q4FY24. “The exports dipping by 5% and imports dropping by 7% in first 10 months of the fiscal is largely an outcome of global slowdown and drop in commodity prices as well.
Much of the export decline is attributed to petroleum goods, chemicals, gems and jewellery and flat growth in engineering goods: all reflecting drop in the commodity prices as well," Sahai added. During the April-January 2023-24 period, India’s top export destinations were Australia, Singapore, United Kingdom, China, UAE, Netherlands, and Saudi Arab.
Read more on livemint.comAbout this in other media
NMDC stock to trade ex-dividend, South Indian Bank shares to trade ex-rights today livemint.com /9 months ago
Resolve to give Modi govt third term with more than 400 LS seats: Shah to BJP workers economictimes.indiatimes.com /9 months ago
More than just a trophy: Tonight’s Carabao Cup final might be Klopp’s last chance for silverware at Liverpool economictimes.indiatimes.com /9 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
