Business

Exports rose by 17.86 per cent to $26.98 billion in October compared to the year-ago month, according to the commerce ministry data. Imports during the month also rose by 17.62 per cent to $44.11 billion, leading to widening of trade deficit to $17.13 billion. The deficit widened despite a steep decline of 42.9 per cent in gold imports to $1.68 billion during the month under review.

The trade gap was $14.61 billion in October 2017.    During the April-October period of the current fiscal, exports grew by 13.27 per cent to $191 billion.   Imports were up by 16.37 per cent to $302.47 billion, leaving a trade deficit of $111.46 billion during the first seven months of the current fiscal.

It was $91.28 billion in April-October 2017-18.    Oil imports in October increased by 52.64 per cent to $14.21 billion.

The non-oil imports rose by 6 per cent to $29.9 billion in the month.

In September, exports had contracted by 2.15 per cent. 





Unlimited Portal Access + Monthly Magazine - 12 issues-Publication from Jan 2021


Buy Our Merchandise (Peace Series)

 


Contribute US to Start Broadcasting



It's Voluntary! Take care of your Family, Friends and People around You First and later think about us. Its Fine if you dont wish to contribute and if you wish to contribute then think about the Homeless first and Feed them. We can survive with your wishes too :-). You can Buy our Merchandise too which are of the finest quality.


STRIPE





20