14.07.2023–India’s trade deficit falls to $20.13 bn in June from $22.1 bn in May

https://www.business-standard.com/economy/news/india-s-trade-deficit-falls-to-20-13-bn-in-june-from-22-1-bn-in-may-123071400498_1.html Clipped from: https://www.business-standard.com/economy/news/india-s-trade-deficit-falls-to-20-13-bn-in-june-from-22-1-bn-in-may-123071400498_1.html Services exports in June were $27.12 billion, while imports were $15.88 billion Listen to This Article India’s merchandise trade deficit in June

India must recalibrate its product exports – The Hindu BusinessLine

https://www.thehindubusinessline.com/opinion/india-must-recalibrate-its-product-exports/article67064948.ece Clipped from: https://www.thehindubusinessline.com/opinion/india-must-recalibrate-its-product-exports/article67064948.ece Taking cues from Vietnam and Malaysia, India must diversify from commodities to tech-related product exports India’s merchandise exports have grown from $303.5

External debt unchanged, but there are some pain points – The Hindu BusinessLine

https://www.thehindubusinessline.com/data-stories/visually/external-debt-unchanged-but-there-are-some-pain-points/article67064699.ece Clipped from: https://www.thehindubusinessline.com/data-stories/visually/external-debt-unchanged-but-there-are-some-pain-points/article67064699.ece India’s external debt statistics released by the RBI show that there has been very little addition to external debt by both government

India should move towards complete convertibility of rupee

https://www.business-standard.com/opinion/columns/india-should-move-towards-complete-convertibility-of-rupee-123070900801_1.html Clipped from: https://www.business-standard.com/opinion/columns/india-should-move-towards-complete-convertibility-of-rupee-123070900801_1.html The IDG believes that CAC is not a pre-condition for internationalisation of INR, or vice-versa, and makes several recommendations over the short-term

CAD fall looks good, but can’t be end in itself – The Hindu BusinessLine

https://www.thehindubusinessline.com/opinion/editorial/cad-fall-looks-good-but-cant-be-end-in-itself/article67060594.ece lipped from: https://www.thehindubusinessline.com/opinion/editorial/cad-fall-looks-good-but-cant-be-end-in-itself/article67060594.ece The changing nature of services exports suggests that the buoyancy is expected to stay The Finance Ministry’s annual review of the economy

Harness the export potential of horticultural sector – The Hindu BusinessLine

https://www.thehindubusinessline.com/opinion/harness-the-export-potential-of-horticultural-sector/article67050181.ece Clipped from: https://www.thehindubusinessline.com/opinion/harness-the-export-potential-of-horticultural-sector/article67050181.ece Improving agri-infrastructure, focusing on food processing, promoting co-operatives and complying with international standards are some of the ways to move ahead According

Engineering goods exporters want FTAs with Latin America, Africa to expand market – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/engineering-goods-exporters-want-ftas-with-latin-america-africa-to-expand-market/article67048613.ece Clipped from: https://www.thehindubusinessline.com/economy/engineering-goods-exporters-want-ftas-with-latin-america-africa-to-expand-market/article67048613.ece In a strategy paper for boosting exports, propose more support for MSMEs, help in global branding, launch of domestic shipping line Engineering

India to insist on well-defined criteria for BRICS expansion – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/india-to-insist-on-well-defined-criteria-for-brics-expansion/article67042092.ece Clipped from: https://www.thehindubusinessline.com/economy/india-to-insist-on-well-defined-criteria-for-brics-expansion/article67042092.ece BRICS Sherpas brain-storm on possible expansion of the five-member group ahead of Summit meeting in August India is likely to press for

Ensure affordable credit access to MSME exporters to achieve $1T export target |Piyush Goyal to banks:–The Financial Express

https://www.financialexpress.com/industry/sme/msme-fin-piyush-goyal-to-banks-ensure-affordable-credit-access-to-msme-exporters-to-achieve-1t-export-target/3148455/ Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-piyush-goyal-to-banks-ensure-affordable-credit-access-to-msme-exporters-to-achieve-1t-export-target/3148455/ Credit and finance for MSMEs: This comes after ECGC’s announcement last week on expanding the 90 per cent insurance cover to exporters

India’s CAD shrinks in Q4FY23, boosted by trade gap moderation and services exports – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/indias-cad-shrinks-in-q4-fy23-boosted-by-trade-gap-moderation-and-services-exports/article67015110.ece Clipped from: https://www.thehindubusinessline.com/economy/indias-cad-shrinks-in-q4-fy23-boosted-by-trade-gap-moderation-and-services-exports/article67015110.ece The deficit amounted to $1.3 billion or 0.2% of GDP, marking a substantial decline from the revised deficit of $16.8 billion or

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