https://www.taxtmi.com/news?id=16273 Merchandise exports fell slightly in dollar terms while imports declined markedly, driven by substantial reductions in oil and lower non oil imports; non petroleum exports rose modestly for the month but fell cumulatively. Services receipts were essentially flat and payments declined, producing a positive net services balance. Combined merchandise and services flows produced a materially narrower overall trade deficit for the April-May period, as reflected in provisional dollar and rupee figures and comparative growth rates. en-us Thu, 16 Jun 2016 11:55:26 +0530 Thu, 16 Jun 2016 11:55:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16273 Merchandise exports fell slightly in dollar terms while imports declined markedly, driven by substantial reductions in oil and lower non oil imports; non petroleum exports rose modestly for the month but fell cumulatively. Services receipts were essentially flat and payments declined, producing a positive net services balance. Combined merchandise and services flows produced a materially narrower overall trade deficit for the April-May period, as reflected in provisional dollar and rupee figures and comparative growth rates. News - Thu, 16 Jun 2016 11:55:26 +0530 https://www.taxtmi.com/news?id=16273