India’s exports dipped in February for the third consecutive month by 8.8 per cent to USD 33.88 billion against USD 37.15 billion in the same month last year, according to the data released by the commerce ministry on Wednesday, March 15. Imports also declined by 8.21 per cent to USD 51.31 billion as against USD 55.9 billion recorded in the corresponding month last year. The country’s trade deficit in February stood at USD 17.43 billion. During April-February this fiscal, however, the country’s overall merchandise exports rose by 7.5 per cent to USD 405.94 billion. Imports during the period increased by 18.82 per cent to USD 653.47 billion.
Related Articles

Indian Americans
Indian-origin Booker Prize winning novelist Salman Rushdie leads over 40 British Indians in Queen’s Jubilee Honors list
LONDON (TIP): Salman Rushdie, the Mumbai-born author of the Booker Prize-winning novel ‘Midnight’s Children’, leads a list of over 40 professionals and community champions of Indian-origin to be honored in the Queen’s Birthday Honors list. […]

As I See It
The meaning of a ‘dynasty-mukt Bharat’

Breaking News
Canada to put a freeze on importing, buying or selling handguns
Canada has had far fewer mass shootings than the US in part because of a lack of easy access to guns OTTAWA (TIP): Canadian Prime Minister Justin Trudeau’s government introduced legislation Monday, May 30, that […]

Be the first to comment