India second largest buyer of Russian fossil fuels January 2026 according to CREA report. Know key facts, economic impact, sanctions effect, and exam-relevant analysis for UPSC, PSC, Banking and Defence exams. India Retains Position as World’s Second-Largest Buyer of Russian Fossil Fuels in January 2026 Overview of India’s Energy Import Trends In January 2026, India…
India merchandise exports grew 7.3% in July 2025, while imports surged, widening the trade deficit to US $27.35 billion. Key sectors, U.S. tariffs, and economic implications explained for exams. India’s Merchandise Exports Rise; Trade Deficit Hits 8-Month High Exports Stage a Modest Rebound in July In July 2025, India’s merchandise exports soared by approximately 7.3% year-on-year, reaching…
India’s Exports Soar by 17% in October, Trade Deficit Hits $27 Billion India’s export performance in October 2024 has shown remarkable growth, with exports soaring by 17% compared to the previous year. This growth has been attributed to strong demand for goods in key sectors, including petroleum products, chemicals, engineering goods, and textiles. The overall…
India’s April Trade Performance: Exports Inch Up, Trade Deficit Widens Overview of India’s April Trade Performance India’s trade performance in April 2024 has shown a mixed bag of results, with a slight increase in exports coupled with a significant widening of the trade deficit. According to the latest data released by the Ministry of Commerce…
India’s Growing Dependence on Chinese Imports: A Cause for Concern In recent years, India’s reliance on imports from China has become a subject of considerable debate and concern. This dependency spans across various sectors, including manufacturing, technology, and consumer goods, raising questions about India’s economic sovereignty and national security. The escalating tensions between the two…
Trade Deficit Narrows to Nearly $21 Billion in November The trade deficit, a key economic indicator, demonstrated a promising shift in India’s economic landscape as it narrowed to almost $21 billion in November. This encouraging development reflects a substantial decrease compared to the corresponding period last year, signifying an upward trajectory in the nation’s trade…
