India's $59 Billion Trade Deficit with Russia Needs Balancing: Goyal
Commerce Minister Piyush Goyal calls for diversifying trade with Russia to address a skewed $59 billion deficit. Explore the details and future steps for bilateral trade balance.
Commerce Minister Piyush Goyal calls for diversifying trade with Russia to address a skewed $59 billion deficit. Explore the details and future steps for bilateral trade balance.
The Indian rupee halted a six-session slide, closing at 89.98 against the US dollar. Foreign bank dollar sales aided recovery, but pressure persists ahead of RBI's policy decision.
The Indian rupee could weaken to around ₹91.50 per US dollar in the next quarter, say analysts. Key factors include heavy foreign outflows, a widening trade deficit, and bearish technical charts. Read the full analysis.
Russian President Vladimir Putin's two-day visit to India is set to yield multiple agreements, focusing on trade, exports, and job creation. Read the full analysis here.
BofA India Economist Rahul Bajoria explains why the rupee's fall past 90 vs USD is different from past cycles. Inflation is not a major concern, and the pressure is expected to persist for weeks. Read the full analysis.
The Indian rupee's sharp fall against the US dollar is driving up import costs and inflation. Experts analyze the impact on fuel, edible oils, and the broader economy. Read more.
India aims to boost exports to the Eurasian Economic Union, tackling non-tariff barriers in pharma and marine sectors. Talks progress ahead of President Putin's visit.
Russian President Vladimir Putin arrives in New Delhi for the 23rd India-Russia Annual Summit. Key focus: tackling $60bn trade deficit, defence tech transfer, and 'Oil for Food' initiative. Read the full analysis.
French President Macron urges China's Xi Jinping to help broker a Ukraine ceasefire. Talks also aim to address the massive EU-China trade deficit. Read the full details.
Indian rupee plunges to a historic low of 90.43 against the US dollar. Explore the causes, economic impact, and why the government remains optimistic despite the rapid depreciation.
The Indian rupee fell past the key 90-per-dollar level, cementing a weak bias. With RBI intervention measured, analysts expect more pressure and speculative bets against the currency.
As the rupee breaches 90 against the dollar, experts argue the RBI should focus on inflation, not currency defense. A weaker rupee can boost exports amid a widening trade deficit. Read the analysis.
Russian President Vladimir Putin's crucial visit to India tests New Delhi's balancing act amid US pressure on Russian oil and new defence deals. Explore the stakes for India's energy security and trade deficit.
India's merchandise exports posted a healthy rise in November, recovering from October's sharp fall. Commerce Minister Piyush Goyal highlights growth amidst global volatility and ongoing FTA talks. Official data due Dec 15.
The Indian rupee breached 90 against the US dollar, becoming 2025's worst-performing major currency. Explore the charts and reasons behind the slide driven by US trade tensions and foreign outflows.
The Indian rupee plunged to a historic low of 89.95 against the US dollar, driven by weak inflows and a missing US trade deal. Experts warn of further decline to the 90-92 band. Read the full analysis.
Ahead of Putin's visit, Russia assures India that sanctions will not disrupt oil imports. Kremlin aims for $100 billion trade by 2030. Read more on the strategic partnership.
Telangana and Andhra Pradesh have become India's most aggressive borrowers in 2025, overshooting RBI limits by 190% and 122% respectively. Economists warn of severe long-term fiscal stress. Read the full analysis.
The Indian rupee plunged to a historic low of 89.87 against the US dollar, saved from hitting 90 by RBI intervention. Experts warn of further pressure from global factors and trade deficits. Read more.
Ahead of Putin's visit, Russia pushes for a new payment system to protect bilateral trade from Western pressure. Talks to address trade deficit, boost energy & defence ties.
The Labour Ministry confirms the Employees' Pension Scheme (EPS-95) fund has an actuarial deficit, dashing hopes for a pension increase from Rs 1,000. Read the full details here.
India's current account deficit improved sharply to 1.3% of GDP in Q2 FY26. Key drivers include higher services exports and remittances, though quarterly trends show a widening trade gap. Explore the full analysis.
Indian stock markets are poised for a flat opening on Tuesday, mirroring mixed global trends. Key domestic data on IIP, CAD, and GST collections will influence investor sentiment. Read for a detailed analysis.
Ludhiana's average minimum temperature in November 2025 plunged to 10.3°C, the lowest in 11 years. The city also saw an 89% rainfall deficit. Met officials warn of a harsh winter ahead. Read more.
Brittany Mahomes, wife of NFL MVP Patrick Mahomes, reveals her thoughts on the disrespectful female attention he gets and how she maintains her peace. Read her full story.
Himachal Pradesh CM Sukhvinder Sukhu cites a severe financial crunch, delaying MLA LAD funds by a month. The crisis stems from a sharp drop in central grants, impacting salaries and development.
Himachal Pradesh CM Sukhvinder Singh Sukhu cites a steep cut in central grants and borrowing limits for delaying MLA funds and revised salaries. The state's finances are under severe strain. Read more.
Indian government seeks Parliament nod for net extra spending of ₹41,455 crore for fertiliser, fuel subsidies. Fiscal deficit target of 4.4% of GDP remains intact. Read full details.
Indian rupee depreciated to 89.53 against the US dollar on December 1, 2025. Analysts cite trade deficit, delayed US deal, and RBI's limited intervention as key factors. Read more.
India's economy grew at a surprising 8.2% in Q2 FY26, a six-quarter high. However, a rising fiscal deficit presents challenges. Read our analysis of the mixed signals.