India’s total exports including both merchandise and services, climbed to $71.12 billion in May 2025, marking a 2.77% increase compared to the same month last year, data released by the Union commerce ministry showed on Monday. In May 2024, the figure stood at $69.20 billion.While merchandise exports saw a slight dip from $39.59 billion to…
NEW DELHI: India has seen strong goods and services trade momentum in the Dec quarter, a report by UN body Unctad has said but cautioned that global trade could be hit by the policy shifts in the US and trade and geopolitical tensions.Besides, it has pointed to high duties faced by developing countries, limiting market…
MUMBAI: India’s current account deficit narrowed to 1.2% of GDP in Q2 FY25, slightly below the 1.3% in the year-ago period, according to RBI data. This was despite significant worsening of the trade deficit. In absolute terms, the CAD declined to $11.2 billion in Q2 FY25 from $11.3 billion in the same period last year,…