https://www.taxtmi.com/news?id=20153 Merchandise exports and imports rose in May 2018, with imports growing faster and widening the trade deficit. Export gains were driven by petroleum products, engineering goods, chemicals, textiles and electronics, while declines occurred in gems & jewellery and selected raw materials. Imports increased notably for petroleum, machinery, chemicals, iron & steel and coal; higher global Brent prices substantially raised oil import values. Services recorded a surplus in April 2018, and combining merchandise and services produced an overall trade deficit for April-May 2018-19. All figures are provisional. en-us Fri, 15 Jun 2018 18:53:28 +0530 Fri, 15 Jun 2018 18:53:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20153 Merchandise exports and imports rose in May 2018, with imports growing faster and widening the trade deficit. Export gains were driven by petroleum products, engineering goods, chemicals, textiles and electronics, while declines occurred in gems & jewellery and selected raw materials. Imports increased notably for petroleum, machinery, chemicals, iron & steel and coal; higher global Brent prices substantially raised oil import values. Services recorded a surplus in April 2018, and combining merchandise and services produced an overall trade deficit for April-May 2018-19. All figures are provisional. News - Fri, 15 Jun 2018 18:53:28 +0530 https://www.taxtmi.com/news?id=20153