How will you benefit from investing early in mutual funds?
What is the right way to invest in mutual funds? How will you benefit from starting investment in mutual funds early? How is compounding beneficial in SIP?
According to preliminary data from the commerce ministry, India’s exports increased by 40.5% to $15.13 billion during October 1-14, on back of healthy performance in key sectors like petroleum products, engineering and chemicals. The data showed that imports increased by 60.72% to $14.82 billion. Similarly, the country’s merchandise exports increased by 22.63% YoY to $33.79 billion in September on the back of better performances by key sectors, though the trade deficit expanded to a record high of $22.59 billion.
Apr-Sept exports up 57.5% at $198 b
Export sectors are recording positive growth which include coffee, cashew, petroleum products, handloom, engineering, chemicals, man-made yarn/fabrics, gems and jewellery, plastic and marine products.
On a cumulative basis, exports increased by 57.53% to $197.89 billion in April-September period this fiscal as compared to $125.62 billion in the same time period last year.