'India has trade surplus with 151 nations; deficit with 75 during Jan-June'

Q: How long will it take to read this news story?

The story "&#039;India has trade surplus with 151 nations; deficit with 75 during Jan-June&#039;" has 801 words across 21 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "&#039;India has trade surplus with 151 nations; deficit with 75 during Jan-June&#039;" was covered 5 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 115 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22316604</li><li>URL: https://beamstart.com/news/india-has-trade-surplus-with-17251722707031</li></ul>

Business Standard Logo Business Standard 5h ago

'India has trade surplus with 151 nations; deficit with 75 during Jan-June' - Business Standard

Quick Summary:

The Global Trade Research Initiative (GTRI) said that India does not need to worry about the trade deficit from importing crude oil and coal, however, it must focus on reducing the industrial goods imports, especially from countries like China, as these threaten India's economic sovereignty.

India has recorded trade surplus with as many as 151 countries such as the US and Netherlands, while the country has a trade deficit with 75 nations including China and Russia during the first half of this year, according to think tank GTRI.

"Between January and June 2024, India had a trade surplus with 151 countries, representing 55.8 per cent of its exports and 16.5 per cent of its imports, totalling USD 72.1 billion," GTRI said in a report.