Exports up 13.47 % to $27.27 billion in October
Quotes

Exports up 13.47 % to $27.27 billion in October

Last Updated: Monday, November 11, 2013, 13:34
 
 Comment 0
 
Exports up 13.47 % to $27.27 billion in October
New Delhi: India's exports rose by 13.47 percent to USD 27.27 billion in October while imports dipped by 14.5 percent, helping narrow the trade deficit.

Imports stood at USD 37.8 billion, leaving a trade deficit of USD 10.56 billion as against USD 20.2 billion in October 2012, official data showed.

"This is a consistent growth in exports...The US is doing extremely well and Europe is also doing well," Commerce Secretary S R Rao told reporters here.

Gold and silver imports in october dipped to USD 1.3 billion from USD 6.8 billion in the same period last year.

In April-October, exports grew by 6.32 percent to USD 179.38 billion, while imports during the period contracted by 3.8 percent to USD 270.06 billion.

Rao expressed confidence that the country would achieve the USD 325 billion target for the current fiscal.


PTI

First Published: Monday, November 11, 2013, 13:34


Comments


comments powered by Disqus
India`s top ten billionaires
India`s top ten billionaires
Pradhan Mantri Jan Dhan Yojana - In Pics
Pradhan Mantri Jan Dhan Yojana - In Pics
Apple Smartwatch unveiled
Apple Smartwatch unveiled
Apple iPhone 6, iPhone 6 plus
Apple iPhone 6, iPhone 6 plus
Samsung Galaxy Tab 4 Nook
Samsung Galaxy Tab 4 Nook

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved