Balance Of Trade

After fiscal debauchery, the rupee needs to fall further

No country that runs twin deficits for such a long period of time can hope to have a strong currency. Your fiscal sins catch up with you.

India needs $800 mn per trading day to fund trade deficit!

Given the grim prospects of exports picking up, if foreign flows choke up, it's inevitable the rupee will come under extreme pressure.

How India's poor trade data affects us all

Both deficits (monthly and annual) were more bad news for the country, and follow a lowering of India's sovereign rating outlook to negative from stable by ratings agency Standard and Poor's.

India must learn to live with higher prices: Khullar

Trade Secretary believes that Indians must learn to accept higher prices for some goods so that excessive consumption does not have unintended consequences on the fiscal deficit or balance of payments.

Thank you, S&P: Why the rating agency did us a favour

S&P's downgrade of the India outlook is warranted for our current account is simply unsustainable and growth is about to hit a speedbreaker.

Feb export slowest in 3 months at 4.2 percent

India's exports grew an annual 4.2 percent to $24.6 billion in February, while imports rose 20.6 percent to $39.8 billion, government data showed on Monday.

January exports up 10 percent, creates trade deficit of $14.8 billion

Indian exporters enjoyed record growth last fiscal year, but have struggled in recent months in the face of sluggish growth in the United States and financial turbulence in the European Union, India's biggest trade partner.

Spare a dime, bro! Money flows from the poor to the rich

Developing countries, which are capital-scarce, are lending to advanced economies, which are capital-abundant. Now, why does that happen?

Current account deficit may widen more, inflation risks remain: RBI

India's current account deficit is expected to widen further due to higher oil prices and sharp increase in imports of bullion.

Rs 2,150,000,000,000: that's our gold import bill this year

Next to petroleum products, gold and silver have become India's biggest imports this year. It's skewing the trade balance and denting the rupee.