Many people are happy about the reduction in the trade deficit, but the reality is that the reason behind India's trade deficit decreasing is that India has slightly reduced its imports of gold, silver, and crude this time.
๐ข India's Trade Performance: Feb 2025 vs Feb 2024 ๐ฎ๐ณ๐ While total trade down by $4.5 billion but India achieved trade Surplus of $4.43 Billion ๐ต which is huge ๐
๐น Merchandise Trade
๐ Exports: $36.91B (-10.9% YoY from 2024)
๐ Imports: $50.96
In 2024โ25, Indiaโs total imports stood at $915.19 billion, with China accounting for the largest share at $126.96 billion.
During the same period, India recorded a trade deficit of $94.26 billion, widening from $78.39 billion in the previous year.
I
Gold-Silver Ratio Hits 5-Year High: What Investors Should Know
The gold-silver ratio has climbed above 100 for the first time since the COVID-19 pandemic, meaning it now takes over 100 ounces of silver to buy just one ounce of gold. This unusual div
India's economy is firing on all cylinders this time around showing strong performance across the board.
a significantly lower trade deficit a sign that things are moving in the right direction.
๐ฎ๐ณ India's Joke of the Day: A calculation error crashed the stock market and the rupee exchange rate! ๐๐ธ
Authorities reported a record trade deficit of $37.8 billion in November, triggering market panic. The rupee plummeted, and a sell-off hit t
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Todays India level
Hey I am on Medialย โขย 1y
Merchandise imports for the period April-December 2023 were USD 505.15 Billion as against USD 548.64 Billion during April-December 2022. The merchandise trade deficit for April-December 2023 was estimated at USD 188.02 Billion as against USD 212.34 B
A few days ago, I removed silver and gold from my portfolio with some profit. As soon as I did, the market crashed the next day, and gold and silver became 5-6% more expensive ๐ฅน. Today, seeing the prices, tears came to my eyes ๐ฅน
India is facing current account deficit means in easy way the imports are more than exports that is effecting in Indian economy.Here is the list of most imported things and approx percentage
Imports:
1. Petroleum: 25.88%
2. Electronics: 20.72%
3.