India's Foreign Trade - December 2021
- India's total exports (including trade and services) in December 2021 are estimated at US $ 57.87 billion. This is an increase of 23.35 per cent over the same period last year.
- The country's total imports in December 2021 are estimated at $ 72.35 billion. This is a positive growth of 33.86 per cent over the same period last year.
- India's total exports (including trade and services) from April to December 2021 are estimated at US $ 479.07 billion. This is an increase of 36.31 per cent over the same period last year.
- The country's total imports from April to December 2021 are estimated at $ 547.12 billion. This is a positive growth of 57.33% over the same period last year.
- Sri Lanka has the worst foreign exchange reserves. Thus food imports are severely affected. Central Bank Governor Ajith Nivard Cabral had recently said that talks to borrow Rs 7,300 crore from India to resolve the issue were nearing completion.
- In this situation, it has been confirmed to provide a loan of 6700 crore rupees to Sri Lanka on behalf of India. In this connection, the Indian Ambassador to Sri Lanka Gopal Bagle met Ajith Nivard.
- Ajit Nivard said the loan from India would be enough to import enough food to last a month. According to economists, India's credit crunch will double Sri Lanka's food imports at the end of December.
- South Africa won the three-match Test series 1-2 against India, retaining history. South Africa beat India by 7 wickets in the last and 3rd Tests in Cape Town. Keegan Peterson was named Man of the Match and Man of the Series.
- With this victory, the South African team advanced to the 4th place in the Test Championship list with 24 points, 66.66 percent. The Indian team, despite taking 53 points, remained in 5th place with 49 per cent.
- Indo-Japanese naval joint exercise in the Bay of Bengal. It is noteworthy that during the war various exercises were carried out, including dealing with enemy forces and flying aircraft.
- The Indian warships Shivalik & Kathmandu, along with the Japanese warships Uraga and Hirodo, conducted the exercise in the Bay of Bengal. Japan and India have been friends for many years.
- Various economic agreements have been signed between the two countries. It is noteworthy that this joint exercise was held with the aim of strengthening security and peace between the two countries.
