Tag: Imports
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West Asia war causes 57.9% drop in India’s goods exports, 51.64% drop in goods imports from region
The ongoing West Asia conflict has extracted a toll on India's trade with the region during March 2026, as India’s goods exports to the...
India’s trade deficit narrows to 20-month low as oil, gold imports fall
India’s March trade deficit narrowed to a 20-month low of $20 billion, falling 4.7% YoY, despite concerns over the West Asia conflict. Lower crude...
India’s trade deficit widens to $119 billion in FY26; imports rise 6.4%, exports grow 4.2%
India’s trade deficit widened to $119.3 billion in FY 2025–26 from $94.6 billion in the previous financial year, marking the second-highest gap in the...
India allows zero duty on petrochemical imports to cushion industry from supply crunch
To cushion the domestic industry from global supply disruptions, India has granted full customs duty exemption on select critical petrochemical products until June 30,...
Moody’s cuts India growth to 6% as West Asia conflict hits oil and LPG imports
Moody's Ratings has slashed India's economic growth estimates for the current fiscal to 6% from 6.8% earlier, saying the ongoing conflict in West Asia...
