[ad_1] NEW DELHI: India’s merchandise and services trade deficit narrowed to a 21-month low in April as imports dropped partly due to some slackening in demand for discretionary items and oil in the Asian economy.The merchandise and services deficit fell to $1.38 billion compared with $8.37 billion in the same period last year. In March … Read more
[ad_1] NEW DELHI:India’s exports dipped by 12.7 per cent year on year to USD 34.66 billion in April this year, the government data showed on Monday.Imports too declined by about 14 per cent to USD 49.9 billion as against USD 58.06 billion recorded in the same month last year, the data showed.The DGFT (Director General … Read more
[ad_1] Last Updated: April 14, 2023, 05:58 IST The country’s imports also grew by 16.5 per cent to USD 714 billion in 2022-23 as against USD 613 billion in 2021-22. (Representative image) The total goods and services exports during the last fiscal grew by 13.84 percent to USD 770.18 billion The country registering an all-time … Read more
[ad_1] NEW DELHI: The government on Friday unveiled a new Foreign Trade Policy (FTP) seeking to push e-commerce, internationalise the rupee and offer amnesty to those who have been unable to meet the export obligation targets under the Export Promotion Capital Goods (EPCG) and advance licensing schemes. Announcing the new policy, commerce and industry ministry … Read more