https://www.taxtmi.com/news?id=21707 India's June 2019 trade data show a marginal overall export decline driven by a notable fall in merchandise exports across petroleum products, rice, textiles, gems and jewellery, chemicals and engineering goods, while services exports grew strongly. The downturn is largely attributed to a base effect from an unusually strong June 2018, global trade slowdown and commodity price declines, and operational disruptions in domestic refining and petrochemical plants. The Department of Commerce is implementing export promotion engagement with export promotion councils and targeted initiatives to address constraints and seize opportunities arising from major power trade tensions. en-us Tue, 16 Jul 2019 10:25:27 +0530 Tue, 16 Jul 2019 10:25:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21707 India's June 2019 trade data show a marginal overall export decline driven by a notable fall in merchandise exports across petroleum products, rice, textiles, gems and jewellery, chemicals and engineering goods, while services exports grew strongly. The downturn is largely attributed to a base effect from an unusually strong June 2018, global trade slowdown and commodity price declines, and operational disruptions in domestic refining and petrochemical plants. The Department of Commerce is implementing export promotion engagement with export promotion councils and targeted initiatives to address constraints and seize opportunities arising from major power trade tensions. News - Tue, 16 Jul 2019 10:25:27 +0530 https://www.taxtmi.com/news?id=21707