17-May-2026
Economy News
 
India-Brics trade booms to $416 billion, but deficit keeps rising
16-May-2026

India's trade with Brics countries gathered pace over the past five years, making the bloc a significant part of the country's Imports. However, this growing trade also reflects a bigger problem: India is relying more on imports from the bloc, pushing its trade deficit higher.

News Source:- https://timesofindia.indiatimes.com/business/india-business/india-brics-trade-booms-to-416-billion-but-deficit-keeps-rising/articleshow/131132047.cms