Contact Your Financial Adviser Money Making MC
15 December 2017
 |
| Indias trade (The Total Investment & Insurance Solutions) |
India's
exports recorded a robust growth of 30.55 percent to USD 26.19 billion in
November, mainly on account of rise in shipments of engineering,
chemicals, and petroleum products, government data showed on Friday.
Imports
too rose by 19.61 percent to USD 40.02 billion in November from USD 33.46
billion in the year-ago month, according to the data released by the Commerce
Ministry. The
Total Investment & Insurance Solutions
Trade
deficit widened to USD 13.82 billion in the month under review from USD 13.39
billion in November 2016. It was USD 14 billion in October.
Oil
and non-oil imports grew by 39.14 percent and 14.57 percent to USD 9.55 billion
and USD 30.47 billion, respectively in November.
Gold
imports dropped by 25.96 percent to USD 3.26 billion last month.
Cumulative
exports during April-September 2017-18 increased by 12.01 percent to USD 196.48
billion, while imports grew by 25.08 percent to USD 296.45 billion, leaving a
trade deficit of USD 99.97 billion.
"Exports
during November 2017 have exhibited high positive growth of 30.55 percent in
dollar terms. This is on the pattern of positive growth in exports in last
thirteen months with a dip of 1.12 percent in October 2017, " the ministry
said in a statement.The Total
Investment & Insurance Solutions
No comments:
Post a Comment