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India's trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blow
India's trade deficit saw a slight reduction in May. A recent US-Iran agreement is bringing welcome relief. This deal is expected to stabilize shipping through the Strait of Hormuz. Consequently, global crude oil prices should moderate. This will ease pressure on India's import bill and help control inflation. Exporters anticipate a trade rebound with the Gulf region.
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zerohedge.com
India Set To Miss Budget Deficit Target As Oil Shock Strains Public Finances
India, which imports more than 85% of the oil it consumes, received about half of all its imports from the Middle East before the war...
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economictimes.indiatimes.com
Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce deal
A "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil imports. This normalization is expected…
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thehindu.com
Strait of Hormuz reopening to ease oil supply risks for India
The reopening of the Strait of Hormuz could significantly ease India's oil supply risks and reduce inflationary pressures.
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thehindubusinessline.com
Hormuz reopening to ease oil supply risks for India
Normalised shipping expected to lower import bill, support rupee and moderate inflation pressures
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US-Iran peace deal may help boost India's exports, stabilise rupee
A peace deal between the US and Iran is set to reopen the Strait of Hormuz. This agreement is anticipated to significantly boost India's exports to West Asia. It will also help…
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India's trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blow
India's trade deficit saw a slight reduction in May. A recent US-Iran agreement is bringing welcome relief. This deal is expected to stabilize shipping through the Strait of…
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US-Iran peace deal brings relief, but India turns to a risk at home
India receives a near-term macroeconomic breather from a US-Iran peace deal. However, early monsoon weakness and potential El Niño conditions are emerging as the next major test…
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Exports up 18% to $45.2 billion in May
Imports, too, grew 20.62% to $73.41 billion in May, leaving a trade deficit of $28.21 billion.
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newsbytesapp.com
India's trade deficit in May goes slightly down to $28.21B
India's trade deficit in May remained nearly flat at $28.21 billion, with merchandise exports reaching a record $45.20 billion, marking an 18% year-on-year increase.
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timesofindia.indiatimes.com
India's exports rise 18% in May; trade deficit at $28.2 billion
India's merchandise exports grew 18% year-on-year to $45.2 billion in May, while imports rose 20.62% to $73.41 billion, resulting in a trade deficit of $28.21 billion, according…
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India’s goods exports up 18% to $45.2 bn in May
India's merchandise exports reached a record $45.2 billion in May. Imports also grew, leading to a trade deficit of $28.21 billion. Commerce Secretary Rajesh Agrawal expressed…
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May goods exports jump 18% to $45 b; trade deficit widens to $28 b
India's goods exports rose 18% to $45.2 billion in May 2026, while trade deficit widened to $28.21 billion.
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Goods exports hit record high of $45.2 billion in May 2026, trade deficit widens on higher import growth
India's merchandise exports reach a record $45.2 billion in May 2026, while trade deficit widens due to rising imports.
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India's trade with West Asia gradually improving: Commerce Secy
India's trade with West Asia faced disruptions in May due to the US-Iran conflict. Exports saw a slight dip but are recovering. Imports also declined significantly. The conflict…
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India's exports to US remain flat in May, imports rise 54.43%
India's trade with the US saw exports remain steady in May, but imports climbed significantly. Trade with China experienced a notable surge in both exports and imports. Several…