https://www.taxtmi.com/news?id=22965 India's trade contracted sharply in April-June 2020-21 with exports and imports showing large negative growth; merchandise exports and imports both fell in June 2020 versus June 2019, while selected commodities recorded gains and many manufactured categories recorded declines. Oil and non oil imports declined substantially, reflecting lower global oil prices, and non petroleum, non gems exports also fell. Provisional figures show a merchandise surplus in June 2020 and an overall provisional trade surplus for April-June 2020-21, pending revision of June services data by the RBI. en-us Wed, 15 Jul 2020 18:37:06 +0530 Wed, 15 Jul 2020 18:37:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22965 India's trade contracted sharply in April-June 2020-21 with exports and imports showing large negative growth; merchandise exports and imports both fell in June 2020 versus June 2019, while selected commodities recorded gains and many manufactured categories recorded declines. Oil and non oil imports declined substantially, reflecting lower global oil prices, and non petroleum, non gems exports also fell. Provisional figures show a merchandise surplus in June 2020 and an overall provisional trade surplus for April-June 2020-21, pending revision of June services data by the RBI. News - Wed, 15 Jul 2020 18:37:06 +0530 https://www.taxtmi.com/news?id=22965