Imports from China into India rose nearly 11% to $46.6 billion between April and August, driven primarily by computers, telecom equipment, and components, while exports dropped 8%. Electronics, machinery, and organic chemicals made up two-thirds of imports, widening the trade deficit to $40.8 billion.
Related Posts
Latest Fixed Deposit Rates: 5 banks revise FD rates in September – check list
Latest FD rates: The revised fixed deposit rates by Bank of Baroda, Axis Bank, IndusInd Bank, Federal Bank, and Karnataka Bank cater to both general […]
‘Duty on steel to hit exports’
Engineering exporters warned against safeguard duty on steel, claiming it would inflate domestic prices and hinder export competitiveness. They argue domestic steel prices are linked […]