https://www.taxtmi.com/news?id=21963 India's April-August 2019-20 trade summary reports combined exports (merchandise and services) showing slight positive growth while imports declined; merchandise exports fell in August though cumulative April-August exports were marginally down in dollar terms and services receipts for July showed notable growth. Imports contracted more sharply, with separate declines in oil and non-oil categories partly attributed to lower Brent prices. The monthly merchandise deficit narrowed and, with a services surplus, the provisional overall trade deficit for April-August 2019-20 is estimated to be lower than the prior year, with services August figures provisional pending RBI revision. en-us Sat, 14 Sep 2019 09:33:06 +0530 Sat, 14 Sep 2019 09:33:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21963 India's April-August 2019-20 trade summary reports combined exports (merchandise and services) showing slight positive growth while imports declined; merchandise exports fell in August though cumulative April-August exports were marginally down in dollar terms and services receipts for July showed notable growth. Imports contracted more sharply, with separate declines in oil and non-oil categories partly attributed to lower Brent prices. The monthly merchandise deficit narrowed and, with a services surplus, the provisional overall trade deficit for April-August 2019-20 is estimated to be lower than the prior year, with services August figures provisional pending RBI revision. News - Sat, 14 Sep 2019 09:33:06 +0530 https://www.taxtmi.com/news?id=21963