Widening trade deficit pushes India to disincentivize gold imports

Jul 06, 2022

New Delhi [India], July 6 : India is experiencing a widening trade deficit, this essentially means that it is buying more goods and services...

Budget 2024: Fiscal deficit target pegged at 5.1%

Feb 01, 2024

Presenting the Union Budget 2023, Union Finance Minister Nirmala Sitharaman on Thursday pegged the fiscal deficit target for 2024-25 at 5.1 per cent of...

Highest-ever EU trade deficit recorded in 2022

Apr 02, 2023

Also in 2022, driven by increasing prices, extra-EU imports (+41 per cent) and exports (+18 per cent) reached their highest year-on-year growth rates recorded...

Japan registers highest ever trade deficit in 2022

Jan 20, 2023

A trade deficit is typically the amount by which the cost of a country's imports exceeds the overall value of its exports.

Pakistan seeks increase in budget deficit from IMF

Dec 15, 2022

Pakistan is also considering imposing the flood Levy on those higher income brackets who are earning lofty profits in recent years and also said...

Chinese concessions fail to reduce Nepal's trade deficit

Feb 19, 2022

Beijing [China], February 19 : China's offer of duty-free quota access to Nepal is not helping Kathmandu's economy, said a media report on Saturday.