Commerce Secretary B.V.R. Subrahmanyam says country's trade deficit surged in July as elevated commodity prices and depreciating rupee inflated its import bill.
Commerce ministry data shows that in April and May, India’s exports to China declined by 31% while imports grew by 12.75%. Overall trade grew by just 2% compared to previous year.
While RBI move to allow export/import to be invoiced in Indian rupee will solve some problems, there is no guarantee it will circumvent payment issues with Iran or Russia.
Want of electronic chips has upset auto sector. Tomorrow, battery production may be hit by shortage of cobalt or lithium. You can’t protect yourself up & down the full value chain.
Data from China’s General Administration of Customs shows India's exports to Beijing stood at $26.46 billion while its imports from China stood at $103.47 from April 2021 to March 2022.
According to the govt data, exports rose by 69.35% while imports grew by 73.64% to $38.55 billion in May 2021, from $222 billion in the same month a year ago.
Imports rose by over three-folds to $45.45 billion last month as against $17.09 billion in April 2020, according to data released by the commerce ministry.
Military action or not, China is not going anywhere soon from our territory. Hence, India should continue to hit China where it hurts the most – economy.
While the CBI has built its reputation as a premier crime investigation agency by cracking high profile cases, many other cases have remained unresolved or resulted in acquittals.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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