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Rising crude prices increases CAD forecast to $45 billion
The worries arise from the fact that the trade deficit has been on a continuous rise since July
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Exports jumped by 46% to $33.28 billion in August
Imports in August increased by 51.72% to $47.09 billion, as against $31.03 billion in August 2020.
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Govt excise collection up by 48% in April-July quarter
The incremental collections in the first four months of the fiscal year 2021-22 (April 2021 to March 2022) are Rs 32,492 crore.
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Exports jumped by 45% to $33.14 billion in August
Imports in August increased by 51.47% to $47.01 billion, as against $31.03 billion in August 2020.
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Exports up 45% during July 1-21 period: Data
Exports of gems and jewellery, petroleum and engineering stood at $424.5 million, $923.33 million and $551.4 million, respectively
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Exports jump around 32% on year in June
Overall imports in April-June 2021 are estimated to be $156.58 billion, exhibiting a positive growth of 80.75% over the same period last year
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Benefits under different export schemes put on hold for temporary
Exporters avail benefits under schemes like merchandise export from India scheme (MEIS), services export from India scheme (SEIS), RoSL, ROSCTL
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Exports grow 47% to $32.46 billion in June; trade deficit at $9.4 billion
India is a net importer in June 2021 with a trade deficit of $9.4 billion, widened by 1,426.6% over trade surplus of $0.71 billion in June 2020.
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Exports jump 69.35% to $32.27 billion in May
Imports too grew in May 2021 by 73.64% to $38.55 billion, from $222 billion in the same month a year ago
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Exports jump 67% to $32.21 billion in May; trade deficit at $6.32 billion
Imports in May rose by 68.54% to $38.53 billion, from $22.86 billion in May 2020. In May 2019, imports stood at $46.68 billion
