India's Exports Decline 9.3% in August - PTI

Sep 17, 2024 15:46

India's merchandise exports fell 9.3% in August to USD 34.71 billion, while imports rose 3.3% to USD 64.36 billion. The trade deficit widened to USD 29.65 billion.

New Delhi, Sep 17 (PTI) India's merchandise exports in August declined 9.3 per cent to USD 34.71 billion from USD 38.28 billion in the year-ago month, according to government data released on Tuesday.

Imports increased by 3.3 per cent to USD 64.36 billion in August against USD 62.3 billion a year ago.

The trade deficit, or the gap between imports and exports, during the month under review ballooned to USD 29.65 billion.

India's merchandise exports dipped by 1.5 per cent in July.

Exports during April-August this fiscal increased 1.14 per cent to USD 178.68 billion, and imports grew 7 per cent to USD 295.32 billion.

Source: PTI

MORE NEWS

Gold Hits Record High for Third Day | Silver...

Gold prices surged to a new record high for the third consecutive day, driven by strong...

Poll-Bound States' Fiscal Profligacy: UBS...

UBS report warns of fiscal profligacy in poll-bound states, highlighting increased...

Assurance Intl Hiring 2,000 in India Over Next...

Assurance Intl, an automotive ancillaries player, plans to hire 2,000 people in India...

Sensex, Nifty Dip from Record Highs on Profit...

Indian stock indices Sensex and Nifty retreated from lifetime highs on Friday due to...

MakeMyTrip Offers Business Class Discounts

MakeMyTrip partners with 10 airlines and ICICI Bank to offer up to 20% off on...

India-Uzbekistan Bilateral Investment Treaty...

India and Uzbekistan have signed a Bilateral Investment Treaty (BIT) in Tashkent, aimed...

Model Gaon: Key to Rural Development &&...

UP govt official emphasizes the importance of 'Model Gaon' project for rural...

Sensex, Nifty Retreat from Highs on Profit...

Indian stock indices Sensex and Nifty fell back from record highs on Friday due to...

Karnataka GCC Policy: $50 Billion Economic...

Karnataka unveils a new Global Capacity Centres (GCC) policy aiming for USD 50 billion...

Rupee Falls 4 Paise to 83.70 vs US Dollar

The Indian Rupee depreciated by 4 paise to close at 83.70 against the US Dollar on...

India's Exports Decline 9.3% in August - PTI

You May Like To Read

MORE NEWS