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Eco Buzz
Merchandise exports up 9% to $38.13 bn in May
RBI opens door for rupee trade settlement with 22 countries
India’s trade deficit with top-9 countries rising
Trade deficit widens to $19.1bn in April
Robust Indian exports imply a fruitful 2024
Markets
Gold imports surge 30% to $45.54 bn in FY24
China to ease out trade deficit hitch for India
India’s dependence on China for industrial goods imports jump to 30%
FY24 exports dip 3.11% to $437.06 bn
FTA is a win-win for India-Euro block
National
India to sustain previous export growth rate: Goyal
Red Sea unrest hits India’s foreign trade