https://www.taxtmi.com/news?id=17264 Merchandise exports recovered in December 2016 with positive growth in dollar and rupee terms and modest cumulative export growth for April-December 2016-17. Cumulative imports contracted substantially, reducing the merchandise trade deficit. December oil imports rose while cumulative oil imports fell; non-oil imports declined December and cumulatively. Services receipts rose modestly in November 2016 while payments grew more, producing a positive monthly services balance but a lower cumulative net export of services. Overall, combining merchandise and services, the April-December 2016-17 trade deficit narrowed significantly year-on-year. en-us Fri, 13 Jan 2017 18:29:47 +0530 Fri, 13 Jan 2017 18:29:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17264 Merchandise exports recovered in December 2016 with positive growth in dollar and rupee terms and modest cumulative export growth for April-December 2016-17. Cumulative imports contracted substantially, reducing the merchandise trade deficit. December oil imports rose while cumulative oil imports fell; non-oil imports declined December and cumulatively. Services receipts rose modestly in November 2016 while payments grew more, producing a positive monthly services balance but a lower cumulative net export of services. Overall, combining merchandise and services, the April-December 2016-17 trade deficit narrowed significantly year-on-year. News - Fri, 13 Jan 2017 18:29:47 +0530 https://www.taxtmi.com/news?id=17264