The gap in goods and services trade grew 6.2% from the prior month to $78.2 billion, Commerce Department data showed Tuesday. The figure was in line with the median projection of economists in a Bloomberg survey.
The value of imports increased 3.4% from a month earlier to $351.6 billion. Exports rose 2.7%. The figures aren't adjusted for inflation.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Call grows for action on AI, reforms
BIG BLOW 370% rise in sanctions since 2017, along with subsidies Over 5% rise in inflation estimated in a very high fragmentation scenario
Invest in stocks: China to insurers
Stocks Jump After Briefing
Grade A warehousing mkt to hit 700 mn sq ft
THE LOGISTICS AND industrial real estate sector saw major growth, with Grade A warehousing in eight cities increasing from 88 million sq. ft in 2019 to 238 million sq ft in 2024 (22% CAGR).
57% Taxpayers Seek I-T Rate Cuts
Around 57% of the taxpayers in a recent survey want lower tax rates and higher exemptions in the coming Budget.
Small tea growers for curbs on substandard imports
SMALL TEA GROWERS (STGs) have urged the Union commerce ministry to take steps to curb import of substandard crop from countries like Kenya and Nepal and protect the domestic industry.
HPCL Consolidated Profit in Q3 Surges 257% to ₹2,544 Cr
HINDUSTAN PETROLEUM CORP Ltd on Thursday reported a surge of 256.8% year-on-year in its consolidated net profit for the December quarter of FY25 at ₹2,543.65 crore from ₹712.84 crore in the year-ago period.
LNG imports to fall in 2025 as demand moderates: IEA
INDIA'S IMPORT OF LNG (liquified natural gas) is expected to decline in 2025 on the back of moderating demand and continued competition for LNG cargoes internationally, as per the International Energy Agency.
80% firms struggle to find talent: Survey
DESPITE A STRONG global hiring outlook, Indian employers are expecting a cautious first quarter of 2025 due to ongoing talent shortages, according to the ManpowerGroup Talent Shortage Survey.
In hiding, Awami League leaders connect with Hasina
A three-term Awami League MP's home in Dhaka and his ancestral estate were ransacked on the evening of August 5, 2024, the day Sheikh Hasina was forced to flee.
UltraTech Cement Q3 profit at ₹1,473.51 cr; stock surges 7%
ADITYA BIRLA GROUP firm UltraTech Cement on Thursday reported a consolidated net profit of ₹1,473.51 crore for the third quarter ended December 31, 2024.
