https://www.taxtmi.com/news?id=3114 India's merchandise exports grew 21% to US$303.7 billion in April 2011-March 2012 while imports rose 32.1% to US$488.6 billion, resulting in a provisional balance of trade deficit near US$184.9 billion. Major export contributors included engineering and petroleum & oil products alongside growth in Gems & Jewellery, pharmaceuticals, leather, electronics, textiles and marine products. Significant import increases were reported for petroleum, gold and silver, coal, machinery, electronics goods, vegetable oil and fertilizers, with Gems & Jewellery imports falling. The Commerce Secretary noted these figures are rough estimates subject to revision. en-us Thu, 19 Apr 2012 16:18:57 +0530 Thu, 19 Apr 2012 16:18:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3114 India's merchandise exports grew 21% to US$303.7 billion in April 2011-March 2012 while imports rose 32.1% to US$488.6 billion, resulting in a provisional balance of trade deficit near US$184.9 billion. Major export contributors included engineering and petroleum & oil products alongside growth in Gems & Jewellery, pharmaceuticals, leather, electronics, textiles and marine products. Significant import increases were reported for petroleum, gold and silver, coal, machinery, electronics goods, vegetable oil and fertilizers, with Gems & Jewellery imports falling. The Commerce Secretary noted these figures are rough estimates subject to revision. News - Thu, 19 Apr 2012 16:18:57 +0530 https://www.taxtmi.com/news?id=3114