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Trade deficit widens to $29.7 billion in August

Trade deficit widens to $29.7 billion in August

India’s merchandise trade deficit widened to $29.7 billion in August from $23.6 billion in the previous month, data released by the ministry of commerce on September 17 shows.While exports rose to $34.7 billion in August from $33.89 billion, imports incre...

4 weeks ago
Middle East conflict will have no significant effect on the economy in short term; could spell trouble if war is prolonged: Economists

Middle East conflict will have no significant effect on the economy in short term; could spell trouble if war is prolonged: Economists

The Indian economy is unlikely to significantly feel the effects of a widening Middle East conflict in the short term, owing to its strong macroeconomic fundamentals but will be impacted if the war is prolonged, say experts.Iran, on October 1, launched ba...

2 weeks ago