
With the increase in the size of India's economy, the import-export is also increasing. According to the data released by the government, India's merchandise exports in September increased by 4.82 percent to $ 35.45 billion compared to the same period last year. With this, total imports increased by 8.66 percent to $61.61 billion in the same period.
The data said that India's trade deficit reached $ 25.71 billion in September this year, from $ 22.47 billion in September 2021. The growth in India's imports and exports is happening at a time when there is a fear of recession in the world and it shows the strength of the Indian economy.
Exports may increase by 21 percent
India's total exports (goods and services) are estimated to reach $382.31 billion in the first half (April-September 2022) of this financial year and a growth of 21.03 percent over the same period last year. At the same time, total imports may reach $ 469.47 billion in the first half of this fiscal, up 37.77 percent from the same period last year.
Big jump in the trade deficit
According to the data released by the government, the trade deficit between April-September 2022 is estimated to increase by 94.69 percent to $148.46 billion during the same period last year, as against $76.25 billion between April-September 2021.
fast-growing Indian economy
The Indian economy continues to grow at a rapid pace even amidst the global recession. According to the GDP data released by the government, the Indian economy registered a growth of 13.50 percent in the first quarter of this financial year. According to the latest estimates of RBI, India's GDP can grow at the rate of 7.00 percent in the current financial year.
The 16th installment of PM Kisan Samman Nidhi will come into the bank accounts of farmers today.
Nine people were killed and several others were injured in a deadly explosion near the Nowgam pol
Chief Justice of India Bhushan Ramakrishna Gavai has recommended Justice Surya Kant as the next C
Prime Minister Narendra Modi's cabinet meeting is likely to be held on Monday evening at his resi
Ratan Tata, chairman of Tata Sons, has been awarded the Order of Australia (AO), Australia's high
Rain activities have stopped completely in most states including Delhi, and Uttar Pradesh. These
The alluvium of Kiul River and the election winds. Prime Minister Narendra Modi on Thursday consi
The inclusion of Suryakumar Yadav in the Indian team selected for the World Cup has surprised man
Brendan Fraser : RRR star Junior NTR shared pictures with Brendan Fraser, gave 'best wishes'
RRR actor Ram Charan and filmmaker SS Rajamouli are in the United States for the prestigious Osca
Argentinian football star Lionel Messi arrived in Delhi today, Monday, and a large crowd of young