global slowdown
India's Exports Inch Up In November, Trade Deficit Narrows As Imports Fall
Government News Trade

Merchandise Trade Deficit Reduces To $98.9 Bn During April-August 2023

In the fiscal year 2023-24, as stated by RBI Governor Shaktikanta Das on Friday, both India’s exports and imports have contracted. The contraction in merchandise exports and imports persisted, albeit at a slower pace in July and August, following the Monetary Policy Committee meeting. In August, merchandise exports and non-oil non-gold imports saw a moderated […]

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Photo by Henry Geddes from Burst
E-commerce & Marketplaces Fashion & Lifestyle News

India’s Footwear, Textile Exports Vulnerable To Global Slowdown: Report

A slowdown in 2023 in advanced economies, especially the US and the eurozone, is expected to make India’s footwear and leather products export trade vulnerable, said Crisil Ratings. “Domestic labour-intensive sectors such as textiles, footwear, and leather depend significantly on these two regions, making them particularly vulnerable to a slowdown in these economies,” it said […]

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