India’s trade deficit declines in August
IANS -
The official trade figures compiled by the Commerce Ministry show that merchandise exports stood at $34.48 billion in August up from $32.25 billion in July. However, imports during August were also higher at $58.64 billion compared to $52.92 billion in the previous month.
India, Saudi Arabia agree to enhance bilateral trade
IANS -
A joint statement issued during the state visit of Saudi Arabian Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz Al Saud to India on September 11, said that while praising the growth achieved in trade between the two friendly countries, both sides stressed the importance of continuing joint work to enhance and diversify bilateral trade.
US regulators fine top banks $549 mn over use of WhatsApp, iMessage
IANS -
The US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) fined the banks for being unable to produce those “off-channel” employee communications going back to at least 2019. The SEC charged 11 firms for widespread and longstanding failures by the firms and their employees to maintain and preserve electronic communications.
India's merchandise trade deficit fell to $20.13bn in June
IANS -
Merchandise exports in June was at $32.97 billion, while imports were $53.10 billion during the same month. During May, merchandise exports were $34.98 billion, while imports were at $57.10 billion. India's exports were down owing to slowdown in major economies of the world, commerce secretary Sunil Barthwal told media persons. 
Bitcoin trading volume tanked nearly $700 bn in April
IANS -
Although Bitcoin topped over $30,400 on April 18, reaching the highest level since early June, its monthly gain was only 3 per cent, way down from 21 per cent in March and much less than gains usually seen in the fourth month of the year, according to data by BitcoinCasinos.com.
Indian-American exec pleads guilty to insider trading
IANS -
Amit Bhardwaj, 49, the former Chief Information Security Officer at Lumentum Holdings Inc, traded on the misappropriated MNPI himself and tipped his associates with this same information so that they could place profitable trades in Lumentum's acquisition targets, a Department of Justice said in a statement.
India's exports fell 8.8% to $33.88 bn in February, trade deficit narrows
IANS -
The country's trade deficit, however, narrowed to $17.43 billion in February, according to data released by the Commerce Ministry. This is the third consecutive month when exports have fallen. Imports also witnessed a fall by 8.21 per cent to $51.31 billion compared to $55.9 billion recorded in the corresponding month last year.
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