Trade Deficit

India’s Trade Deficit Widens to $34.7 Billion in January

India’s trade deficit surged to $34.7 billion in January, marking one of the sharpest monthly imbalances in recent years. The widening gap between imports and exports has raised concerns about the country’s external sector stability, currency pressures, and the broader economic outlook. Background A trade deficit occurs when a country’s imports exceed its exports. For…

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RBI

Rupee Has Room to Appreciate, RBI Unlikely to Intervene, Says Bank of America’s Vikas Jain

India’s currency markets began 2026 with renewed optimism as the rupee showed signs of appreciation, supported by strong macroeconomic fundamentals and resilient capital inflows. Bank of America’s strategist Vikas Jain stated that the rupee has room to strengthen further, while the Reserve Bank of India (RBI) is unlikely to intervene aggressively in the near term….

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