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India, however, continues to have a trade deficit, relying on foreign capital to maintain its balance of payments and as such, makes it vulnerable to external shocks. [ 49 ] Foreign investment in India in form of foreign direct investment , portfolio investment , and investment raised on international capital markets increased significantly ...
The Indian subcontinent has a history of devastating earthquakes. [1] The major reason for the high frequency and intensity of the earthquakes is that the Indian plate is driving into Asia at a rate of approximately 47 mm/year. [2] Geographical statistics of India show that almost 58% of the land is vulnerable to earthquakes.
Precipitated by the Gulf War, India's oil import bill swelled, exports slumped, credit dried up, and investors took their money out. [18] Large fiscal deficits combined with the fixed exchange rate had a spillover effect on the trade deficit culminating in an external payments crisis. By the end of the 1980s, India was in serious economic trouble.
These two goods are constituting 53% total imports, 34% total exports and nearly 100% of total trade deficit (136 billion US$) of India in the financial year 2013–14. [2] The services trade (exports and imports) are not part of commodities trade. The trade surplus in services trade is US$70 billion in the year 2017–18. [3]
The reason for the intensity and high frequency of earthquakes is the Indian plate driving into Asia at a rate of approximately 47 mm/year. [1] The following is a list of major earthquakes which have occurred in India, including those with epicentres outside India that caused significant damage or casualties in the country.
The economy of India is a developing mixed economy with a notable public sector in strategic sectors. [5] It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP); on a per capita income basis, India ranked 141th by GDP (nominal) and 125th by GDP (PPP). [63]
Among the fast food giants, McDonald's is making a splash with its new value platform starting on Jan. 7, its first national value offering since 2018.Bernstein analyst Danilo Gargiulo called it a ...
If a country exports a greater value than it imports, it has a trade surplus or positive trade balance, and conversely, if a country imports a greater value than it exports, it has a trade deficit or negative trade balance. As of 2016, about 60 out of 200 countries have a trade surplus. The notion that bilateral trade deficits are per se ...