Trade deficit shrinks 39% in Apr-Nov
India exported $ 33.9 billion worth of goods in November 2023, marginally lower than $34.89 billion in November 2022
commerce ministry
December 2023
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Goods exports grow 6.21% in October
Merchandise imports for October shot up 12.3% to $65.03 billion, as compared to $57.91 billion in October 2022.
These 2 PSU stocks fall up to 27% in 3 sessions on reports of likely shutdown
The government is likely to take a call on the closure of these PSUs in a high-level meeting on October 23, as per report.
Govt extends ban on sugar exports beyond Oct 31
Sugar stocks show mixed reactions; govt also permits export of non-basmati white rice to 7 countries
WPI inflation in negative territory for 5th month straight
Negative rate of wholesale inflation primarily attributed to fall in prices of mineral oils, basic metals, chemical & chemical products, textiles, and food products
Computer import curbs: Industry body warns of disruption; seeks more time
Move is aimed at promoting domestic manufacturing, and due to reasons related to national security as such devices can compromise data
Ban on non-basmati white rice hits 20% of India's rice exports
The ban comes after the export of this variety of rice increased even after imposing a 20% export duty on it in September 2022
India's goods exports fall 10.3% in May
The decline in trade was attributed to a drop in consumer spending across advanced nations due to persisting geopolitical tensions and monetary tightening induced recessionary fears.
May trade deficit widens to $22.12 bn
India’s trade deficit has, however, shown a considerable decline of 7.95% in April-May 2023
Goods exports dip 13% in April, headwinds to stay 2-3 months: Govt
India’s merchandise exports fell 12.6% to $34.66 billion in April 2023 from $39.70 billion in April 2022
