Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag India's trade deficit eased in FY26 due to falling oil prices and new trade agreements.

flag India's record trade deficit of $333.2 billion in FY26 is expected to ease due to new trade agreements and falling oil prices, according to a Bank of Baroda report. flag While gold and silver imports surged, the services surplus helped narrow the overall deficit. flag Oil imports fell despite rising crude prices, and exports of electronic goods grew, though engineering and pharmaceutical exports slowed. flag The report projects the current account deficit at 1.5% to 2% of GDP in FY27, citing stable macro fundamentals despite geopolitical risks.

9 Articles