NEW DELHI- While India has diversified its energy basket and started sourcing more oil and gas from the US, it is also diversifying its import basket for precious metals away from the UAE, enabling it ...
The main reason behind this jump was a massive rise in gold and silver imports, which pushed the overall import bill much higher.
Overall imports during the month grew at a faster pace of 18.77 per cent, rising to USD 90.83 billion from USD 76.48 billion in January 2025, the ministry data showed.
India’s trade deficit widened to $34.68 billion in January as imports surged ahead of US tariff relief, highlighting pressure on exports and rising gold imports.
By Shivangi Acharya and Manoj Kumar NEW DELHI, Feb 16 (Reuters) - India's merchandise trade deficit widened to a three-month high of $34.68 billion in January, marking the final month impacted by ...
According to GTRI, the latest trade figures for January 2026 reflect the significant impact of US tariffs on India’s export performance, while also indicating early signs of diversification into other ...
India's exports increased by 13.16% in January 2026, reaching USD 80.45 billion, while imports surged 18.77% to USD 90.83 billion, resulting in a widened trade deficit of USD 10.38 billion. For ...
While India has diversified its energy basket and started sourcing more oil and gas from the US, it is also diversifying its ...
US & India have reached a framework for an interim agreement on trade. CutTheClutter Episode 1793 looks at India’s ...
NEW DELHI, Dec 20 (Reuters) - India's finished steel imports from China reached an all-time high during the first eight months of the fiscal year to March 2025, provisional government data showed, ...
New Delhi: India’s merchandise trade deficit widened in December following a sharp rise in imports, even as demand for Indian goods in the US remained resilient despite steep 50% tariffs imposed on ...