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India’s November merchandise trade deficit widens to $37.84 billion

India's November merchandise trade deficit has widened to $37.84 billion.
The widening trade deficit reflects a larger gap between exports and imports.
This increase is compared to the same period last year.
Exports are showing signs of slowing down amid various global economic pressures.

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The Hindu

Rahul slams government over trade deficit touching all-time high

Rahul Gandhi criticizes Modi government for prioritizing crony businesses, leading to weakened manufacturing sector and soaring trade deficits.

3 months ago·India

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Latestly

Sensex Nifty Open in Red, All-time High Trade Deficit in Nov Dampen Market Sentiments

Get latest articles and stories on Business at LatestLY. Indian stock markets declined on Tuesday after weak export data was released and the country's trade deficit surged. Business News | Sensex Nifty Open in Red, All-time High Trade Deficit in Nov Dampen Market Sentiments.

Services exports pip goods for first time in 2024, merchandise deficit at record high

Driven by gold and petroleum imports, the goods trade deficit hit an all time high of $37.84 billion as goods imports jumped 28 per cent to record $69.95 billion compared to $54.48 billion last year.

3 months ago·India

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The Hindu Business Line

India’s trade deficit at a record $37.8 billion in Nov as gold imports spiral

India's trade deficit widens in November 2024 due to record gold imports, impacting exports and current account deficit.

3 months ago·New Delhi, India

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India TV News

India's export dips by 4.85 per cent to USD 32.11 in November: Government Data

India has recorded a dip of 4.85 per cent in the merchendise exports in November. As per the government data released on Monday, India’s merchandise exports fell to UDS 32.11 billion in November while the import bill jumped 27 per cent to a record high of USD 69.95 billion. Meanwhile, the Gold imports in November reached an all-time high of USD 14.8 billion. The trade deficit, or the gap between imports and exports, widened to USD 37. 84 billio…

3 months ago·India

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WTVB

India’s November merchandise trade deficit widens to $37.84 billion

NEW DELHI (Reuters) -India’s merchandise trade deficit in November stood at $37.84 billion, according to a Reuters calculation based on export and import data released by the government on Monday. Economists had expected the country’s November trade deficit to be $23.9 billion, according to a Reuters poll. India’s merchandise exports increased by 2.17% year-on-year in the April to November period, the government data showed, while imports rose a…

3 months ago

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