Manoj Kumar

Ghaziabad

Zonal Business Head at CarDekho

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Articles

India trade deficit in May at $21.88B

1 week ago | ajot.com | Manoj Kumar |Nikunj Ohri

India's merchandise trade deficit in May narrowed to $21.88 billion, according to government data released on Monday. India's May trade deficit was lower than the $25 billion expected by economists in a Reuters poll, and also below April's deficit of $26.42 billion. Goods exports stood at $38.73 billion in May while imports were $60.61 billion, compared with $38.49 billion of exports and $64.91 billion of imports in April.
India's trade deficit narrows to $21.88 billion in May

1 week ago | reuters.com | Manoj Kumar |Nikunj Ohri

Maersk shipping containers are stored aboard the ‘Albert Maersk’ at the APM Terminals, in Navi Mumbai, India, February 28, 2025. REUTERS/Francis Mascarenhas/File Photo NEW DELHI, June 16 (Reuters) - India's merchandise trade deficit (INTRD=ECI), opens new tab narrowed sharply to $21.88 billion in May, on account of lower imports, government data released on Monday showed.
India's trade deficit narrows to $21.88 billion in May

1 week ago | marketscreener.com | Manoj Kumar |Nikunj Ohri

Published on 06/16/2025 at 05:02, updated on 06/16/2025 at 06:56NEW DELHI (Reuters) -India's merchandise trade deficit narrowed sharply to $21.88 billion in May, aided by a slowdown in imports along with seasonal improvement in exports, government data released on Monday showed. The trade deficit was lower than the $25 billion expected by economists in a Reuters poll, and below April's deficit of $26.42 billion.
India's inflation falls to 2.82% in May in longest run below target in 6 years

2 weeks ago | marketscreener.com | Sarita Singh |Manoj Kumar

Published on 06/12/2025 at 06:40, updated on 06/12/2025 at 07:23NEW DELHI (Reuters) -India's retail inflation stayed below the central bank's 4% target for the fourth straight month in May on easing food prices, reinforcing the case for last week's surprise steep interest rate cut. Annual retail inflation slowed to 2.82% in May, the lowest in more than six years, from 3.16% in April.
India and US advance toward interim trade deal after four-day talks, say sources

2 weeks ago | newsindiatimes.com | Ela Dutt |Manoj Kumar
India's Economy Outperforms Peers, it Surges 7.4% in Jan-Mar

4 weeks ago | gurutrade.com | Manoj Kumar |Aftab Ahmed |Susan Fenton

Economy grows 7.4% in Jan-March vs revised 6.4% in Dec qtr GDP growth driven by construction, manufacturing Fiscal 2024/2025 growth estimate remains unchanged at 6.5% NEW DELHI, May 30 (Reuters) - India's economy surged 7.4% in January to March, much faster than forecasts and driven by construction and manufacturing, although uncertainty about U.S. tariffs poses risks to the outlook.
India's economy outperforms peers as it surges 7.4% in January-March

4 weeks ago | uk.marketscreener.com | Manoj Kumar |Sarita Singh

NEW DELHI (Reuters) -India's economy surged 7.4% in January to March, much faster than forecasts and driven by construction and manufacturing, although uncertainty about U.S. tariffs poses risks to the outlook. Gross domestic product in Asia's third-largest economy was above a forecast year-on-year growth of 6.7% in a Reuters poll, and was up from a revised 6.4% expansion in the previous quarter, official data released on Friday showed.
India’s April trade deficit widens to over $26 billion

1 month ago | kfgo.com | Shivangi Acharya |Manoj Kumar

By Shivangi Acharya and Manoj KumarNEW DELHI (Reuters) -India’s merchandise trade deficit in April stood at $26.42 billion, according to a Reuters calculation based on export and import data released by the government on Thursday. The latest figure was higher than economists’ expectations of $20 billion, according to a Reuters poll, and rose from $21.54 billion in the previous month.
India trade gap expands in April, data shows no rush to front-load exports

1 month ago | marketscreener.com | Shivangi Acharya |Manoj Kumar

Published on 05/15/2025 at 09:11 NEW DELHI (Reuters) -India's merchandise trade deficit was at its widest in five months in April, according to government data released on Thursday, as imports of petroleum products jumped, limiting the impact of an increase in exports to the United States. India's April trade deficit at $26.42 billion was higher than the $20 billion expected by economists in a Reuters poll, and rose from $21.54 billion in the previous month.
Walmart calls, but India's garment worker woes blunt tariff edge

1 month ago | bilyonaryo.com | Dhwani Pandya |Praveen Paramasivam |Ruma Paul |Manoj Kumar

SOURCE: Reuters American retailers ramp up queries to India apparel hub Heftier US tariffs on China, Bangladesh make India competitive India’s Tiruppur textile hub faces worker shortage, higher costs Bangladesh still has advantage on labour rates, larger factories By Dhwani Pandya, Praveen Paramasivam, Ruma Paul and Manoj Kumar TIRUPPUR, India/DHAKA, Bangladesh, May 9 (Reuters) – In a garment hub in south India, R.K. Sivasubramaniam is fielding requests from Walmart and Costco who want to...