India’s trade with Brics countries gathered pace over the past five years, making the bloc a significant part of the country’s imports. However, this growing trade also reflects a bigger problem: India is relying more on imports from the bloc, pushing its trade deficit higher.

India's April exports rose 13.78% to $43.56 billion, while imports increased 10% to $71.94 billion, widening the trade deficit.

India’s trade with Brics countries gathered pace over the past five years, making the bloc a significant part of the country’s imports. However, this growing trade also reflects a…

Intra-BRICS trade has surged significantly, reaching USD 1.17 trillion. However, this represents only about 5 percent of global trade. This highlights substantial untapped…

Indias trade deficit faces pressure in coming months. Elevated crude prices and supply disruptions impact exports. A potential global demand slowdown adds to concerns. Rupee…