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US trade gap falls in April as ports bottleneck ebbs

Last Updated: Wednesday, June 3, 2015, 21:16

The US trade deficit fell back to a more normal level in April after a surge the previous month as the distortions from the West Coast port slowdown began to ebb.

US economy contracts in first-quarter; dollar hurts corporate profits

Last Updated: Saturday, May 30, 2015, 09:23

The government on Friday slashed its gross domestic product estimate to show GDP shrinking at a 0.7 percent annual rate instead of the 0.2 percent growth pace it estimated last month.

GDP growth to slow to 7.2% in January-March quarter: Moody's

Last Updated: Thursday, May 28, 2015, 14:37

As per CSO's new GDP data, the Indian economy expanded by 6.9 percent in 2013-14 and for 2014-15 the growth is estimated at 7.4 percent.

Gold imports rise 78.33% at $3.13 billion in April

Last Updated: Friday, May 15, 2015, 20:00

The CAD in the first half of this fiscal declined to 1.9% of GDP ($18 bn) from 3.1% ($27 bn).

India, China agree on task force to look into market access

Last Updated: Friday, May 15, 2015, 14:12

Modi flagged India's concerns in his comments after his talks with Li as recent official reports said the deficit touched USD 48 billion in the total trade of about USD 70.6 billion last year.

India, China to set up task force to look into trade imbalance

Last Updated: Friday, May 15, 2015, 10:10

The trade imbalance has touched USD 38 billion, which is a major concern for India.

India-China trade deficit swells 34% to $48 billion

Last Updated: Wednesday, May 13, 2015, 16:50

Trade deficit between India and China increased about 34 percent to USD 48.43 billion in 2014-15 from USD 36.21 billion in the previous fiscal, Parliament was told Wednesday.

Modi's China trip: Trade gap, non-tariff barriers on the table

Last Updated: Friday, May 8, 2015, 21:15

India will seek greater market access and removal of non-tariff barriers to bridge widening trade deficit with China during Prime Minister Narendra Modi's visit this month, a senior commerce ministry official said.

India to seek end to non-tariff barriers during Modi's China visit

Last Updated: Friday, May 8, 2015, 18:20

India will seek abolition of non-tariff barriers during Prime Minister Narendra Modi’s visit to China next week, officials said, as part of efforts to reduce a widening trade deficit and boost local industry.

US-India trade-deficit in March stands at $2 bn

Last Updated: Thursday, May 7, 2015, 00:05

The trade deficit between the United States and India stood at USD 2 billion in March, according to figures release Wednesday.

Dollar softens in Asian trade as US trade deficit widens

Last Updated: Wednesday, May 6, 2015, 09:38

Analysts said the yawning trade gap had raised questions about the outlook for an increase in US interest rates, a move that would be supportive of the greenback.

US trade deficit balloons to six-year high in March

Last Updated: Tuesday, May 5, 2015, 18:59

The US trade deficit swelled in March to a six-year high on a surge in imports from the end of the West Coast port strike backed by the strong dollar.