India's April Exports Hit 5-Month Low, Trade Deficit Widens

17 May 2024 CW Team

India's export figures for April reveal a decline to a five-month low, accompanied by a widening trade deficit, marking a challenging start to the fiscal year. According to recent data, exports from India in April totaled significantly lower compared to previous months, influenced by global economic uncertainties and logistical challenges.

The trade deficit, meanwhile, reached a four-month high, indicating increased imports relative to exports during the period. This imbalance underscores ongoing concerns about India's trade dynamics amid fluctuating global demand and supply chain disruptions.

Key sectors contributing to the decline in exports include gems and jewelry, engineering goods, and petroleum products. These segments, traditionally strong contributors to India's export basket, faced headwinds such as reduced international demand and logistical constraints.

Efforts to revive exports include government interventions and policy measures aimed at enhancing competitiveness and addressing sector-specific challenges. These initiatives seek to stimulate export growth across diverse industries and mitigate the impact of global economic uncertainties.

Despite the April downturn, analysts remain cautiously optimistic about the prospects for India's exports in the coming months, citing potential improvements in global economic conditions and ongoing efforts to streamline trade processes.

Addressing the widening trade deficit, authorities are expected to focus on strategies to boost export competitiveness, diversify market reach, and strengthen domestic manufacturing capabilities. These measures aim to support India's broader economic recovery and position the country as a resilient player in the global trade landscape amidst evolving challenges.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..