RICH INVESTING iDEAS

India Trade deficit slipped to USD 9.6 Billion in February 2019 India's Balance of Trade were improved in the month of February 2019, as the trade deficit slipped to USD 9.6 Billion. This is the lowest trade deficit Since September 2017. In the year 2018, for the same period it was seen that the trade deficit were at USD 12.3 Billion. Mostly, the export numbers were driven by Engineering goods, Drugs and Pharmaceuticals. In the Balance of Trade for India, the exports were increased by 2.4 percent year on year to USD 26.7 Billion. The Drugs and Pharmaceuticals holding with 16.1 percent and the Engineering goods of 1.7 percent in the Exports. On the same time, the Import numbers were declined by 5.4 percent to USD 36.3 Billion, which was a positive sign for the Country (26.7 Billion - 36.3 Billion = -9.6 Billion) - Trade deficit. For the imports, it was driven by Gold, Oil and Electronic goods in the last month. The Gold imports were declined by -10.8 percent. The decline in Oil impo...

India Trade deficit fell to USD 14.73 Billion in January 2019 The Country's Trade deficit fell to USD 14.73 Billion in the last month, Exports were grew by 3.74 percent to USD 26.36 Billion. The Export numbers mostly driven by Chemicals, Pharmaceuticals, Ready made garments, Gems and Jewellery and the Engineering Goods. The Sale of Chemicals were increased by 15.56 percent, Pharmaceuticals by 15.2 percent, Ready made garments were at 9.33 percent, Gems and Jewellery by 6.67 percent and Engineering Goods by 1.07 percent growth in the Exports. Imports in the last month January 2019, were stood at USD 41.09 Billion. India's trade deficit were also decreased to USD 14.73 Billion. The Trade deficit of during the same period in the year of 2018, was seen at USD 15.67 Billion. The Import of Gold rose by 38 percent to USD 2.31 Billion. Last year in the January 2018, the Gold import was seen at $ 1.8 Billion. For India, the trade deficit for the last 10 months in this current Financial ...