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‘Strong wicket’: Piyush Goyal says November exports show healthy rise; merchandise trade picks up after October slump

India’s exports posted a healthy rise in November after a sharp fall in October, Commerce and Industry Minister Piyush Goyal said on Wednesday, indicating that outbound shipments had regained momentum despite global volatility. He did not reveal the numbers, with the commerce ministry set to release official data on December 15.According to PTI, Goyal said…

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US tariffs bite: India’s engineering exports slump 16.7% in October; Asean, EU and UAE shipments weaken

India’s engineering goods exports fell a steep 16.71 per cent year-on-year in October 2025 to $9.37 billion, primarily due to a sharp drop in shipments to the US and a high base effect, the Engineering Export Promotion Council of India (EEPC) said on Saturday.Exports to key markets recorded widespread declines, with the Asean region seeing…

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Fiscal snapshot: Centre’s deficit at 52.6% of FY26 target by October; receipts, state transfers rise

The central government’s fiscal deficit stood at 52.6% of the full-year target at the end of October 2025, data released by the Controller General of Accounts (CGA) on Friday showed. In the same period last year, the deficit was 46.5% of the 2024-25 Budget Estimates (BE).In absolute terms, the fiscal deficit – the gap between…

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Shutdown fallout: US scraps October inflation and jobs figures after data-gathering halt; gaps cloud Fed’s December decision

File photo (Picture credit: AP) The US government will not release official inflation or jobs figures for October after the record-long shutdown prevented statisticians from gathering essential data, leaving the Federal Reserve without two major indicators ahead of its December policy meeting.The Bureau of Labor Statistics (BLS) confirmed on Friday that the October consumer price…

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Data blackout: US scraps October CPI report after govt shutdown; Fed left without key data ahead of policy meet

The US government will not publish consumer inflation data for October after a 43-day federal shutdown disrupted data collection, intensifying uncertainty ahead of the Federal Reserve’s December policy meeting.The Bureau of Labor Statistics (BLS) said it “is unable to retroactively collect” consumer price data for October and will not release the report originally scheduled for…

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Trump tariff shock eases? India’s exports to US rise after 4 months of slide; reach $6.3 billion in October

US President Donald Trump imposed 50% tariffs on India in August, 25% of which is a penalty for India’s crude oil imports from Russia. (AI image) India’s exports to the US have grown in October over September, despite the 50% tariffs imposed by American President Donald Trump on Indian goods. However, the exports to the…

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Trade dip: Exports fall 12% in October; deficit widens to $41.7 bn on gold import surge

India’s merchandise exports fell 11.8% to $34.38 billion in October, even as inbound shipments registered strong growth, pushing the trade deficit to $41.68 billion, government data released on Monday showed.Imports jumped 16.63% to $76.06 billion, driven largely by a sharp rise in precious metal inflows, PTI reported. Gold imports surged to $14.72 billion, nearly tripling…

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