TaxTMI 
TaxTMI 
Merchandise exports likely to be affected by strong headwinds: CRISIL
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....erchandise exports likely to be affected by strong headwinds: CRISIL<BR>Customs & Trade<BR>Dated:- 17-1-2026<BR>PTI<BR>Kolkata, Jan 17 (PTI) Ratings firm CRISIL said that merchandise exports are likel....
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....y to be buffeted by stronger headwinds due to the continuing impasse on the US-India trade deal and the fear of further levies by America for the purchase of Russian crude oil. In its latest report, ....
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....CRISIL said that in the near term, tea and basmati rice could face some pressure because of the imposition of a 25 per cent tariff by the US on countries trading with Iran. The report said that the c....
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....urrent account deficit (CAD) is expected to remain manageable because of a robust services trade surplus, healthy remittances and softer crude oil prices. The ratings firm said the CAD is expected to....
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.... be one per cent of gross domestic product (GDP) this financial year, with a mild uptick, but still within the safe zone, to 1.6 per cent in the financial year 2026-27. With the merchandise exports g....
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....rowth rate lagging imports, the merchandise trade deficit widened to USD25 billion in December 2025, from USD20 billion a year earlier. In terms of destinations, exports to the US decelerated to 1.8 ....
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....per cent year-on-year in December. Exports to the rest of the world rose at a slower rate. However, the US remained India's top export destination, largely driven by smartphone shipments from India. P....
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....TI dc NN<BR> News - Press release - PIB....