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14Jul 2026

INDIA’S TRADE DEFICIT WIDENS SHARPLY IN JUNE 2026

INDIA’S TRADE DEFICIT WIDENS SHARPLY IN JUNE 2026 Why in the News? Trade Deficit Rise: India’s trade deficit surged over fourfold to $15.3 billion in June 2026, mainly due to a sharp rise in imports of crude oil, gold, and electronics, reflecting growing economic interdependence with major suppliers including US and China. Export Growth: Despite …

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13May 2024

CHINA RECLAIMS TOP TRADING PARTNER POSITION IN INDIA WITH INCREASED IMPORTS

Why in the news? China surpasses the US as India’s top trading partner, with imports exceeding $100 billion in FY24. About China Surpasses US as India’s Top Trading Partner: Recent Development: China becomes India’s largest trading partner, overtaking the US, with imports crossing $100 billion in FY24. Trade Data: Bilateral trade between India and China …

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