News Minimalist logo

News Minimalist

All news ranked by significance

India's trade deficit narrows to $14.05 billion

economictimes.indiatimes.com —

India's trade deficit decreased to $14.05 billion in February, down from $22.9 billion in January. This change was better than the expected $21.65 billion deficit. The reduction was mainly due to a slowdown in the Non-Oil-Non-Gold segment. Concerns over proposed U.S. tariffs, set to begin on April 2, have impacted India's exports. The U.S. is a key market for Indian goods, and potential tariff hikes could significantly affect trade dynamics. Analysts warn that India could face annual losses of around $7 billion if tariffs are implemented. India's average import tariffs are higher than those of the U.S., which may further complicate trade relations.

With a significance score of 4.7, this news ranks in the top 4% of today's 18087 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 9000 minimalists.

loading...

Timeline:

    [3.4]
    India aims to increase US trade from $200 billion (timesofindia.indiatimes.com)
    <1h
    Source
    [3.7]
    India's February trade deficit hits 42-month low (timesofindia.indiatimes.com)
    1h
    Source
    [4.1]
    India's trade deficit hits 3.5-year low (economictimes.indiatimes.com)
    7h
    Source
    [3.2]
    India and US progress on bilateral trade agreement (livemint.com)
    10h
    Source
    [3.8]
    India's trade deficit drops to 42-month low (thehindu.com)
    10h
    Source
    [3.3]
    India and U.S. aim to increase trade to $500 billion (thehindu.com)
    11h
    Source
    [3.1]
    India and US aim to boost trade to $500 billion (news18.com)
    11h
    Source
    [3.9]
    India's exports to the US may decline 3-3.5% (livemint.com)
    11h
    Source
    [3.1]
    India's exports fell to $36.91 billion in February (timesofindia.indiatimes.com)
    11h
    Source
    [4.3]
    Trump's tariffs may harm India's agricultural exports (hindustantimes.com)
    13h
    Source
    [3.2]
    India's exports fell to $36.91 billion in February (ndtv.com)
    15h
    Source
    [3.9]
    India's trade deficit decreased to $14.05 billion (moneycontrol.com)
    16h
    Source
    [4.0]
    SBI report highlights India's rising trade adaptability globally (hindustantimes.com)
    20h
    Source
    [4.3]
    India can offset US tariff impacts through trade diversification (economictimes.indiatimes.com)
    20h
    Source
    [3.7]
    India diversifies exports, minimizing US tariff impact (zeenews.india.com)
    21h
    Source
    [3.3]
    India's exports to US may decline post-tariffs (news18.com)
    21h
    Source
    [3.8]
    SBI predicts minimal impact of US tariffs on India (moneycontrol.com)
    23h
    Source
    [3.9]
    New US tariffs threaten India's aluminium exports (indianexpress.com)
    1d 21h
    Source