IBT Business Desk

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India's trade deficit dips to 3-year low of $14.05 billion in February

India's trade deficit dips to 3-year low of $14.05 billion in February

India's merchandise trade deficit narrowed to an over 3-year low at $14.05 billion in February from $22.99 billion in January as exports held steady during the month while imports declined, according to the latest data compiled by the Ministry of Commerce and Industry. Mar 17, 2025
WPI inflation at 2.38 pc in Feb

WPI inflation at 2.38 pc in Feb

The annual rate of inflation based on the Wholesale Price Index (WPI) is 2.38 per cent for the month of February, according to data released by the Ministry of Commerce and Industry on Monday. Mar 17, 2025
Impact of US tariffs on India minimal as country diversifies exports kitty: SBI report

India diversifies exports kitty, impact of US tariffs minimal: SBI report

The impact of US trade reciprocal tariffs on India will be minimal as the country has diversified its exports kitty, pitched value addition, exploring alternate areas and works on new routes that transcend from Europe to the US via the Middle East, redrawing new supply chain algorithms, a new SBI Research report said on Monday. Mar 17, 2025
RBI likely to cut rates next month amid easing inflation: HSBC

RBI likely to cut rates next month amid easing inflation: HSBC

After the decline in retail inflation in February to 3.6 per cent, the March inflation print is also trending below the RBI's 4 per cent target which is likely to lead to another rate cut by the central bank next month, according to an HSBC Research report. Mar 14, 2025
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