The average monthly trade deficit in this fiscal year to August has been about $26 billion, as against last year’s average of $16 billion The average monthly trade deficit in this fiscal year to August has been about $26 billion, as against last year’s average of $16 billion Research house Nomura expects India’s current account […]
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The trade deficit has doubled to $28.7 billion for August due to a 36.8% expansion in imports and a 1.2% decline in export earnings. The trade deficit has doubled to $28.7 billion for August due to a 36.8% expansion in imports and a 1.2% decline in export earnings. India’s current account deficit (CAD) will widen […]
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India’s gross domestic product (GDP) growth slowed to a four-quarter low of 4.1% during the January-March period, from 5.4% in the preceding quarter, as manufacturing output shrank, provisional national income estimates released on Tuesday show. As a result, full-year growth came in at 8.7% — a tad lower than the 8.9% pace projected in February. […]
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