Trade deficit widens to five-month high of $30.43 billion in June
India's trade deficit widened to a five-month high of $30.43 billion in June, compared to $19.10 billion in June 2025, according to data released by the Ministry of Commerce.
India's trade deficit widened to a five-month high of $30.43 billion in June, compared to $19.10 billion in June 2025, according to data released by the Ministry of Commerce.
The merchandise sector exports increased significantly from USD 31.94 billion in November 2024 to USD 38.13 billion in November 2025, the highest in over 10 years.
The Wholesale Price Index (WPI)-linked inflation in November rose to -0.32 per cent against -1.21 per cent in October, said the data released by the Ministry of Commerce and Industry on Monday.
While speaking at FICCI's annual general meeting and annual convention, the Secretary said, “We are very optimistic and very hopeful that we should find a solution within this calendar year.
Highlighting the 10-year defence accord signed between the two countries and the recently announced contract to source LPG from the US, Goyal said the comprehensive partnership that India has with the US has many elements.
The Centre has formed a high-level committee which is tasked to review tariff relief on imports from the United States. The development comes amid the US plans to impose reciprocal tariffs across trading countries by April 2.
The wholesale price index (WPI) inflation eased to 2.31 per cent in January, down from 2.37 per cent in December 2024, according to data released by the Ministry of Commerce and Industry on Friday.
The development comes subsequent to the meeting between Prime Minister Narendra Modi and his United Kingdom counterpart Keir Starmer on the sidelines of the G-20 Summit in Rio de Janeiro, Brazil.
Total imports during the first five months of the current fiscal are estimated at $375.33 billion, registering a growth of 7.20 per cent.
The meeting was co-chaired by Rajesh Agrawal, Additional Secretary, Department of Commerce, India and Mastura Ahmad Mustafa, Deputy Secretary General (Trade), Ministry of Investment, Trade & Industry, Malaysia.
