sree45
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Exports rose 12.4% in May over the previous year, the sharpest rise in 6 months, helped by a weaker rupee, government data showed on Wednesday.
Exports in May reached $28 billion, data released by the Ministry of Commerce and Industry showed.
However, the trade deficit stood at $11.23 billion, up from $10.09 billion in April.
Imports rose to $39.23 billion compared to $35.7 billion in the previous month.
Gold imports dipped sharply by 72% in May to $2.19 billion year-on-year.
Exports rise 12.4% in May in sharpest rise in 6 months | Business Standard
Exports in May reached $28 billion, data released by the Ministry of Commerce and Industry showed.
However, the trade deficit stood at $11.23 billion, up from $10.09 billion in April.
Imports rose to $39.23 billion compared to $35.7 billion in the previous month.
Gold imports dipped sharply by 72% in May to $2.19 billion year-on-year.
Exports rise 12.4% in May in sharpest rise in 6 months | Business Standard