According to HSBC, India's current account deficit is expected to narrow from 1.1 per cent of GDP in 2014 to 0.6 per cent in 2015.
The NSE Nifty settled the day 93.20 points or 0.88 per cent lower at 10,452.30 after shuttling between 10,612.90 and 10,434.05.
"At the moment, the fall is arrested (and it) is very clear. The growth is happening. We will only be looking at the steady growth. It may be slow but steady," Commerce Minister Nirmala Sitharaman told reporters in New Delhi.
The Chinese have been objecting to the presence of Indian Navy ships in the region where it has significantly expanded its presence since 2009 through artificial islands and military presence.
State-owned exploration firm Oil and Natural Gas Corporation will begin retailing petrol and diesel from its own petrol stations by the year end, company chairman and managing director Subir Raha said on Thursday.
The Russian currency depreciated by 24 per cent in the past month to trade at 56.54 to the dollar at present, a sharp recovery after hitting a low of 68 in early December.
America's decision to give India exemption from imposition of certain sanctions for the development of the port is driven by the South Asian strategy, which was announced by President Donald Trump in August.
Exports rise for 8th month, albeit at lower pace
Economists polled in a recent survey by Ficci unanimously felt that the rupee will continue to be under pressure in 2018-19
Reliance Industries has since April stopped selling gasoline and gas oil to Iran in an apparent bid to escape sanctions by the US, where it is eyeing an acquisition.
The report noted that export volumes are likely to remain sluggish.
Despite the 6-month high, trade deficit has widened to a four-month high of $14.62 billion, as imports rose by 14.85 per cent during the month, reports Subhayan Chakraborty.
The country's exports took a beating for the 13th straight month, as it fell 11.4 per cent in October on little demand for Indian made leather, handicrafts and other products from recession-hit West.
India sharpened measures to curb imports of the yellow metal by hiking the import duty and restricting consignment imports, after shipments jumped to more than 300 tonnes in April and May.
Emirates and Etihad Airways have over the past year continued to lobby India to allow them more flight slots, which won't be possible until the 2007 pact is revised.
With exporters' claim for over five months still pending, liquidity has been wiped out and the process of finalising new contracts has been held up.
The main export sectors including engineering, petroleum products and gems and jewellery have recorded negative growth.
The trade deficit marginally narrowed to $12.5 billion last month from $12.8 billion in July.
As global economies contract because of the Covid-19 pandemic, the focus of most of the India Inc has now moved back to the home market where demand is expected to pick substantially from the coming festival season.
CAD touched a historic high of $88 billion in 2012-13.
Gold-silver ratio indicates more upsurge possible for the white metal.
Industry officials say the crunch has not only affected manufacturing of edibles but even of items like nozzle pumps and other goods used in packaging.
The FAO's price index, which measures monthly price changes for a basket of grains, oilseeds, dairy, meat and sugar, averaged 207.8 points last month as compared with 214.6 points in May 2013, falling nearly 3.2 per cent.
'The real lifting of the economy will happen only if this momentum sustains in the coming months.'
Exports in February fell to $21.55 billion compared with $25.35 billion a year ago
During April-July this fiscal, exports grew by 1.72 per cent to $98.2 billion. Imports too increased by 2.82 per cent to $160.7 billion during the period.
Greg Abel and Ajit Jain would be prime candidates
Singaporean brokerage DBS said in a report that it expects exports to pick up once the GST-driven distortions subsided, but it warned that the traditional product mix will hinder its ability to participate in the ongoing trade upturn.
India has been eyeing deeper energy ties with Iran and has already lined up $20 billion as investment in oil and gas as well as in petrochemical and fertiliser sectors there.
OPEC agrees to keep pumping as oil glut fears persist.
September import growth was the second lowest this fiscal year, after the April growth figures of 4.6 per cent, bringing the trade deficit down to $13.98 billion
The rupee bounced back by 10 paise to end at 68.62 on Friday.
The declining exports would have implications for the job market.
The revival of the phytosanitary protocol with China is expected to boost tobacco exports to China and prove economically beneficial to Indian farmers.
As a model of transport, the A380 strikes a parallel -- a shared fragility -- with giant container ships, observes Shyam G Menon.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
Exports in May 2012 stood at $24.77 billion.
