deficit

New Delhi: India has recorded a trade deficit, the gap between imports and exports, with nine of its top 10 trading partners, including China, Russia Singapore and Korea, in 2023-24, according to official data.The data also showed that the deficit with China, Russia, Korea and Hong Kong...

New Delhi: Global rating agencies on Friday said the Rs 2.1 lakh crore windfall dividend from the RBI is positive for the country's fiscal metrics and its use will provide a signal about the fiscal priorities of the new government.The board of India's central bank earlier this week decided to...

New Delhi: India could get 'rating support' over time if it uses its highest dividend of over Rs 2 lakh crore received from the Reserve Bank to reduce fiscal deficit, S&P Global Ratings analysts said on Thursday. Could.The RBI board has decided to pay a record dividend of Rs 2.1 lakh crore to...

New Delhi [India]: The government's fiscal deficit will be reduced by 30-40 basis points from the budgeted level of 5.1 per cent of GDP, an SBI report said. The report said that following the announcements by the Reserve Bank of India (RBI), the central government is expected to reduce the...

New Delhi [India], CRISIL's recent outlook report on India's trade deficit said India's trade deficit faces limited near-term challenges due to ongoing geopolitical uncertainties, although it remains a watchdog. It remains an important area. The report also notes that, despite these potential...

However, imports during the month increased by 10.25 percent to $54. Arab, mainly due to increase in gold purchasesAs a result, the merchandise trade deficit for the month was $19.1 billion, 32.3 percent higher than a year earlier.Gold imports increased three times to $3.11 billion in April...

New Delhi: India's merchandise exports rose 1 per cent to USD 34.99 billion in April, while the trade deficit widened to a four-month high of USD 19. billion during the month, according to government data.Healthy growth in sectors such as electronics, chemicals, petroleum products and...

New Delhi: India's merchandise exports rose 1 per cent to USD 34.99 billion in April, while the trade deficit widened to a four-month high of USD 19. billion during the month, according to government data.Healthy growth in sectors such as electronics, chemicals, petroleum products and...

The Finance Minister said these schemes cannot be implemented without raising taxes or collapsing the economy by borrowing heavily. The Finance Minister said on Twitter: “Has @INCIndia considered the cost of the big promises made in its manifesto? ? Have they calculated what the financial cost...

New Delhi [India] Amid Congress criticizing the economic performance of the BJP-led government, Finance Minister Nirmala Sitharaman has hit back at the party and challenged Rahul Gandhi to deliver on the promises made by the opposition party in its manifesto. Answer the questions raised by them...

New Delhi, BJP leader and Finance Minister Nirmala Sitharaman on Monday wondered whether the Congress was aware of the cost of implementing social welfare schemes, including giving Rs 1 lakh to women from families below the poverty line. .Sitharaman said in a post, “A lot has been said in...

As the US$350 billion economy has stabilised, inflation has declined from a record high of 38 per cent last May to around 17 per cent in April following the completion of the last IM programme, Dawn reports. However, the country still grapples with a high fiscal deficit and while the external...

New Delhi: India's gold imports, which weigh on the country's current account deficit (CAD), rose 30 per cent to US$45.54 billion during 2023-2 due to strong domestic demand, according to government data.Imports in 2022-23 stood at US $ 35 billion.However, according to data released by the...

Beijing: The Chinese market is open to all countries including India, China's new envoy to India Xu Feihong has said Beijing understands New Delhi's concerns over its growing trade deficit and will look to address the issue by facilitating more Indians. Is ready to. Companies will exploit the...

It said a healthy twin deficit protects India from major emerging market shocks in the event of an adverse global cycle.Unless there is a global or domestic shock, there should be no deviation from the fiscal target. Meanwhile, CAD/GDP has averaged 1.3 per cent since Covid, with Brent at $85 a...

Comparing some aspects of the US-China economic situation in a post on the o Jobs in America”.Zoh's CEO said, "Employment distortions (and cultural warping) are the most dangerous effects of America's long-running trade deficit."However, when it comes to India, there is serious news.“Every...

In Melbourne, approximately one in 20 people have attention-deficit hyperactivity disorder (ADHD). It is one of the most common neurodevelopmental disorders in childhood and often continues into adulthood.ADHD is diagnosed when people experience problems with inattention and/or hyperactivity...

In purchasing power parity (PPP) terms, the Indian economy is already the third largest economy in the world. The RBI bulletin states that as per OECD's December 2023 update, India will overtake the US in terms of PPP by 2045 and become the world's second largest economy.According to the...

ISLAMABAD [Pakistan], The International Monetary Fund (IMF) on Wednesday estimated Pakistan's fiscal deficit, the difference between total resources and expenditure, at 7.4 per cent of gross domestic product for the current fiscal year, Dawn reported on Thursday. A stable tax rate is assumed...

New Delhi [India], India's trade deficit with the Association of Southeast Asia Nations (ASEAN) has more than doubled since the implementation of the free trade agreement (FTA) in 2010, according to data released by the Ministry of Commerce and Industry. . India's exports to ASEAN member...