Foreign Trade: News
India's trade deficit in May goes slightly down to $28.21B
India's merchandise trade deficit remained stable in May, despite an increase in both exports and imports, according to government data released today.
FPIs invest over Rs. 6,100cr in Indian equities in March
Foreign Portfolio Investors (FPI) inflows have demonstrated an upward trend in March so far compared to the preceding month.
India's forex reserves surge $6.55B to over $625B
India's forex reserves have experienced a significant boost, with an increase of $6.55 billion, reaching a total of $625.63 billion as of March 1, according to the latest data from the Reserve Bank of India (RBI).
India could ease China investment curbs if border standoff eases
India has hinted at relaxing its strict scrutiny of Chinese investments if the border between the two nations remains peaceful.
US sanctions Indian company for energy dealings with Iran
The United States has sanctioned an Indian company for acquiring Iranian petroleum and petrochemicals.