https://www.taxtmi.com/news?id=3459 India's merchandise trade in May 2012 showed exports declining year over year and imports declining by a larger margin, narrowing the negative Balance of Trade; April-May cumulative exports registered slight negative growth while imports contracted modestly. Sectoral shifts included declines in engineering goods and readymade garments, positive growth in drugs and pharmaceuticals, rising mineral oil imports, a sharp fall in gold and silver imports, and growth in vegetable oils and certain chemicals. The figures are provisional and subject to revision. en-us Thu, 14 Jun 2012 16:50:20 +0530 Thu, 14 Jun 2012 16:50:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3459 India's merchandise trade in May 2012 showed exports declining year over year and imports declining by a larger margin, narrowing the negative Balance of Trade; April-May cumulative exports registered slight negative growth while imports contracted modestly. Sectoral shifts included declines in engineering goods and readymade garments, positive growth in drugs and pharmaceuticals, rising mineral oil imports, a sharp fall in gold and silver imports, and growth in vegetable oils and certain chemicals. The figures are provisional and subject to revision. News - Thu, 14 Jun 2012 16:50:20 +0530 https://www.taxtmi.com/news?id=3459