India’s merchandise exports witnessed an increase of 67.38% in May, trade deficit narrows to an eight-month low
Ministry of Commerce & Industry has announced that India’s merchandise exports in May 2021 increased by 67.39% over May 2020. At $32.21 billion, the growth was driven by sectors such as engineering, pharmaceuticals, petroleum products and chemicals, as per the commerce ministry’s press release. On the other hand, imports in May rose by 68.54% to $38.53 billion … Read more