Even as the merchandise trade deficit has come under some pressure, robust services exports and healthy remittances flow should help keep the CAD in the safe zone this fiscal, says Crisil Ratings
Read MoreIndia’s merchandise exports are projected to rise by a tepid 1 to 3 per cent to USD 446 to 449 billion in FY2025 from USD 441.4 in FY2024, amid sluggish global demand
Read MoreOil is one of India's major export items, the country exports petroleum products to various countries, with the Netherlands being the top destination, followed by Singapore, Australia, and South Africa
Read MoreIndia’s exports to Saudi Arabia stood at USD 11.6 billion in the financial year 2024 as compared to imports worth USD 31.8 billion in the previous financial year
Read MoreFor the period from April to July 2024, the total export value of electronic goods reached USD 11.24 billion
Read MoreIndia’s merchandise trade deficit was higher, as imports have risen at a sharper pace than exports
Read MoreWhile the Merchandise trade deficit in July stands at USD 23.5 billion, the overall trade deficit for the month stands at USD 9.61 billion
Read MoreOverall trade deficit significantly improved from USD 121.6 billion in 2022-23 to USD 75.6 billion in 2023-24
Read MoreDespite strong gold demand in March, the market saw an unexpected downturn as jewellers stocked up for the Indian wedding season.
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