Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

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        LATEST NEWS UPDATES | Country's trade gap at all time high of USD 26 billion     </title>
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The finance ministry has warned that the current account deficit will deteriorate in 2022-23 because of costlier imports and tepid exports on the merchandise account

The country&rsquo;s trade deficit touched an all-time high of $26.18 billion as imports expanded 57.88..."/>
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     <meta property="og:description" content="-The Telegraph

The finance ministry has warned that the current account deficit will deteriorate in 2022-23 because of costlier imports and tepid exports on the merchandise account

The country&rsquo;s trade deficit touched an all-time high of $26.18 billion as imports expanded 57.88..." />
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                            <p style="text-align:justify">-The Telegraph</p><p style="text-align:justify"><em>The finance ministry has warned that the current account deficit will deteriorate in 2022-23 because of costlier imports and tepid exports on the merchandise account</em></p><p style="text-align:justify">The country&rsquo;s trade deficit touched an all-time high of $26.18 billion as imports expanded 57.88 per cent to $66.31 billion in June because of a doubling of oil imports and a spike in the inflow of coal, gold, electronic goods and chemicals.</p><p style="text-align:justify">The finance ministry has warned that the current account deficit will deteriorate in 2022-23 because of costlier imports and tepid exports on the merchandise account.&nbsp;</p><p style="text-align:justify">The CAD stood at 1.2 per cent of GDP in 2021-22. Exports in June grew 23.52 per cent to $40.13 billion propelled by items such as petroleum products, gems and jewellery, readymade garments and rice, according to the government data released on Thursday.</p><p style="text-align:justify">&ldquo;With this, trade deficit in Q1FY23 stands at $70.8 billion compared with $31.4 billion in Q1FY22. On the positive side, global commodity prices have softened from their peaks which will help ease some burden on the external deficits,&rdquo; Madan Sabnavis, chief economist, Bank of Baroda, said.</p><p style="text-align:justify">The monthly economic report of the finance ministry said: &ldquo;Global prices have softened, as fears of recession have dampened prices somewhat. This would weaken inflationary pressures in India and rein in inflation.&rdquo; &nbsp;</p><p style="text-align:justify">Please <a href="https://www.telegraphindia.com/business/countrys-trade-gap-at-all-time-high-of-usd-26-billion/cid/1874771" title="https://www.telegraphindia.com/business/countrys-trade-gap-at-all-time-high-of-usd-26-billion/cid/1874771">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.telegraphindia.com/business/countrys-trade-gap-at-all-time-high-of-usd-26-billion/cid/1874771" class="re" target="_blank">The Telegraph, 15 July, 2022, https://www.telegraphindia.com/business/countrys-trade-gap-at-all-time-high-of-usd-26-billion/cid/1874771</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Country's trade gap at all time high of USD 26 billion     </title>
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The finance ministry has warned that the current account deficit will deteriorate in 2022-23 because of costlier imports and tepid exports on the merchandise account

The country&rsquo;s trade deficit touched an all-time high of $26.18 billion as imports expanded 57.88..."/>
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The finance ministry has warned that the current account deficit will deteriorate in 2022-23 because of costlier imports and tepid exports on the merchandise account

The country&rsquo;s trade deficit touched an all-time high of $26.18 billion as imports expanded 57.88..." />
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    <h1 class="cat-box-title">Country's trade gap at all time high of USD 26 billion </h1>
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                            <p style="text-align:justify">-The Telegraph</p><p style="text-align:justify"><em>The finance ministry has warned that the current account deficit will deteriorate in 2022-23 because of costlier imports and tepid exports on the merchandise account</em></p><p style="text-align:justify">The country&rsquo;s trade deficit touched an all-time high of $26.18 billion as imports expanded 57.88 per cent to $66.31 billion in June because of a doubling of oil imports and a spike in the inflow of coal, gold, electronic goods and chemicals.</p><p style="text-align:justify">The finance ministry has warned that the current account deficit will deteriorate in 2022-23 because of costlier imports and tepid exports on the merchandise account.&nbsp;</p><p style="text-align:justify">The CAD stood at 1.2 per cent of GDP in 2021-22. Exports in June grew 23.52 per cent to $40.13 billion propelled by items such as petroleum products, gems and jewellery, readymade garments and rice, according to the government data released on Thursday.</p><p style="text-align:justify">&ldquo;With this, trade deficit in Q1FY23 stands at $70.8 billion compared with $31.4 billion in Q1FY22. On the positive side, global commodity prices have softened from their peaks which will help ease some burden on the external deficits,&rdquo; Madan Sabnavis, chief economist, Bank of Baroda, said.</p><p style="text-align:justify">The monthly economic report of the finance ministry said: &ldquo;Global prices have softened, as fears of recession have dampened prices somewhat. This would weaken inflationary pressures in India and rein in inflation.&rdquo; &nbsp;</p><p style="text-align:justify">Please <a href="https://www.telegraphindia.com/business/countrys-trade-gap-at-all-time-high-of-usd-26-billion/cid/1874771" title="https://www.telegraphindia.com/business/countrys-trade-gap-at-all-time-high-of-usd-26-billion/cid/1874771">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.telegraphindia.com/business/countrys-trade-gap-at-all-time-high-of-usd-26-billion/cid/1874771" class="re" target="_blank">The Telegraph, 15 July, 2022, https://www.telegraphindia.com/business/countrys-trade-gap-at-all-time-high-of-usd-26-billion/cid/1874771</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Country's trade gap at all time high of USD 26 billion     </title>
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The finance ministry has warned that the current account deficit will deteriorate in 2022-23 because of costlier imports and tepid exports on the merchandise account

The country&rsquo;s trade deficit touched an all-time high of $26.18 billion as imports expanded 57.88..."/>
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The finance ministry has warned that the current account deficit will deteriorate in 2022-23 because of costlier imports and tepid exports on the merchandise account

The country&rsquo;s trade deficit touched an all-time high of $26.18 billion as imports expanded 57.88..." />
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    <h1 class="cat-box-title">Country's trade gap at all time high of USD 26 billion </h1>
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                            <p style="text-align:justify">-The Telegraph</p><p style="text-align:justify"><em>The finance ministry has warned that the current account deficit will deteriorate in 2022-23 because of costlier imports and tepid exports on the merchandise account</em></p><p style="text-align:justify">The country&rsquo;s trade deficit touched an all-time high of $26.18 billion as imports expanded 57.88 per cent to $66.31 billion in June because of a doubling of oil imports and a spike in the inflow of coal, gold, electronic goods and chemicals.</p><p style="text-align:justify">The finance ministry has warned that the current account deficit will deteriorate in 2022-23 because of costlier imports and tepid exports on the merchandise account.&nbsp;</p><p style="text-align:justify">The CAD stood at 1.2 per cent of GDP in 2021-22. Exports in June grew 23.52 per cent to $40.13 billion propelled by items such as petroleum products, gems and jewellery, readymade garments and rice, according to the government data released on Thursday.</p><p style="text-align:justify">&ldquo;With this, trade deficit in Q1FY23 stands at $70.8 billion compared with $31.4 billion in Q1FY22. On the positive side, global commodity prices have softened from their peaks which will help ease some burden on the external deficits,&rdquo; Madan Sabnavis, chief economist, Bank of Baroda, said.</p><p style="text-align:justify">The monthly economic report of the finance ministry said: &ldquo;Global prices have softened, as fears of recession have dampened prices somewhat. This would weaken inflationary pressures in India and rein in inflation.&rdquo; &nbsp;</p><p style="text-align:justify">Please <a href="https://www.telegraphindia.com/business/countrys-trade-gap-at-all-time-high-of-usd-26-billion/cid/1874771" title="https://www.telegraphindia.com/business/countrys-trade-gap-at-all-time-high-of-usd-26-billion/cid/1874771">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.telegraphindia.com/business/countrys-trade-gap-at-all-time-high-of-usd-26-billion/cid/1874771" class="re" target="_blank">The Telegraph, 15 July, 2022, https://www.telegraphindia.com/business/countrys-trade-gap-at-all-time-high-of-usd-26-billion/cid/1874771</a><div class="clear"></div>
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Home हिन्दी

Country's trade gap at all time high of USD 26 billion

Published on Jul 15, 2022   Modified on Jul 15, 2022

-The Telegraph The finance ministry has warned that the current account deficit will deteriorate in 2022-23 because of costlier imports and tepid exports on the merchandise account The country’s trade deficit touched an all-time high of $26.18 billion as imports expanded 57.88 per cent to $66.31 billion in June because of a doubling of oil imports and a spike in the inflow of coal, gold, electronic goods and chemicals. The finance ministry has warned that the current account deficit will deteriorate in 2022-23 because of costlier imports and tepid exports on the merchandise account.  The CAD stood at 1.2 per cent of GDP in 2021-22. Exports in June grew 23.52 per cent to $40.13 billion propelled by items such as petroleum products, gems and jewellery, readymade garments and rice, according to the government data released on Thursday. “With this, trade deficit in Q1FY23 stands at $70.8 billion compared with $31.4 billion in Q1FY22. On the positive side, global commodity prices have softened from their peaks which will help ease some burden on the external deficits,” Madan Sabnavis, chief economist, Bank of Baroda, said. The monthly economic report of the finance ministry said: “Global prices have softened, as fears of recession have dampened prices somewhat. This would weaken inflationary pressures in India and rein in inflation.”   Please click here to read more.

The Telegraph, 15 July, 2022, https://www.telegraphindia.com/business/countrys-trade-gap-at-all-time-high-of-usd-26-billion/cid/1874771

Tagged with: Current Account Deficit CAD Trade Deficit Trade Gap

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