Business »  Topic »  Trade deficit at 6-month high of $15.4 bn over increasing oil, gold imports

Trade deficit at 6-month high of $15.4 bn over increasing oil, gold imports


Message: Recipients' Email: Type address separated by commas
Your Email: Enter the characters shown in the image.
Send me a copy:

https://mybs.in/2X6ocsW

The continuing of high crude and gold imports pushed India’s trade deficit to a six-month high of $15.36 billion in May, even as export growth managed to recover from the rock bottom it had hit in April.

Higher exports in key sectors, such as engineering goods and textiles, helped overall export growth recover in May to 3.93 per cent, from just 0.64 per cent in April.

According to data released by ...


Read the full text business-standard