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Overall trade deficit narrowed during the month to $5.17 billion during the month from $7.75 billion in December 2022

Amid global slowdown, India’s merchandise exports surge 1% in Dec 2023

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Despite a global slowdown, India is in the positive zone According to official figures released by the Commerce Ministry, India's merchandise exports registered a 0.96...
India's merchandise imports in March 2022 increased by 24.21 percent over last year to $60.74 billion from $48.90 billion

India’s merchandise exports for March surge over 19% YoY basis

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Merchandise exports surge over 19%, imports 24% As per the official data released on Wednesday, India's March 2022 merchandise exports rose to $42.22 billion, higher...
Cumulative exports of textiles and apparel during May 2024 registered a growth of 9.70 per cent over May last year

Amid global economic challenges, Indian textile exports surge by 9.59% in May

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India’s merchandise exports rise 9.1% in May 2024 to $38.13 bn; service exports climb by 11.7%, to USD 30.16 bn Amid global economic challenges, Indian...
Engineering Goods recorded a robust increase of 15.9 percent at $9.94 billion over $8.58 billion in February 2023

India’s exports surge to 11-month high in Feb despite Red Sea crisis

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Lower trade deficit reflects stronger macroeconomic fundamentals and will strengthen the rupee India's merchandise exports surged to an 11-month high in February to touch the...
Amid macroeconomic headwinds, India's non-petroleum exports to UAE grew 14%

Amid macroeconomic headwinds, India’s non-petroleum exports to UAE grew 14%

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Indian exports to UAE excluding petroleum products surge to $5.92 bn from $5.17 bn YoY According to official data released by Commerce Ministry, Indian exports...
Brazil accounted for 8.15 percent of the total agribusiness products imported by the 22 League members last year, while India captured 8.25 percent of that trade

India tops in food exports to Arab nations after 15 years

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India overtakes Brazil in food export to the League of Arab nations According to the data provided by the Arab-Brazil Chamber of Commerce to Reuters...
The growth projected for 2024-25 is lower than the economic growth rate of 8.2 percent estimated for the previous financial year

India’s GDP to grow at 6.5-7 pc in 2024-25: Economic Survey

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Growth is set to slow to 6.5-7% in FY25 India's GDP is likely to grow at 6.5 to 7 percent in the current fiscal year...
Overall trade deficit significantly improved from USD 121.6 billion in 2022-23 to USD 75.6 billion in 2023-24

India registers record export at USD 778 billion in 2023-24: Report

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India sets new export record According to the sources in the Commerce Ministry, India registered record exports in the just concluded financial year 2023-24 at...
Acuite expects GDP growth to moderate but still remain healthy at 6.0 percent in FY24

Amid global slowdown, Indian ecomomy demonstrates strength & stability; GDP to grow at 6%...

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Acuite predicts India's GDP growth at 6 percent in FY24 Credit rating agency, Acuite Ratings and Research has said that despite the global macro economy...
RBI has hiked the repo rate by 50 basis points to 5.90%, the fourth straight increase in the current cycle, to tame sustained above-target retail inflation rate

RBI hikes repo rate to subdue the inflation; pegs inflation at 6.7% & eco...

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RBI Governor Shaktikanta Das announces hike in repo rate by 50 basis points to subdue the inflation The Reserve Bank of India's Monetary Policy Committee...

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