https://www.taxtmi.com/news?id=23144 India's April-August 2020-21 and August 2020 trade statistics show significant year-on-year declines in exports and imports in both merchandise and services. Merchandise exports and imports contracted, with imports falling more steeply and oil imports sharply reduced amid lower Brent prices. Sectoral performance varied, with some agricultural and pharmaceutical items rising and many manufactured and gem sectors falling. Services receipts and payments decreased per RBI July data and August estimates, yet net services remained in surplus, contributing to a provisional overall trade surplus for April-August 2020-21. en-us Tue, 15 Sep 2020 18:59:40 +0530 Tue, 15 Sep 2020 18:59:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23144 India's April-August 2020-21 and August 2020 trade statistics show significant year-on-year declines in exports and imports in both merchandise and services. Merchandise exports and imports contracted, with imports falling more steeply and oil imports sharply reduced amid lower Brent prices. Sectoral performance varied, with some agricultural and pharmaceutical items rising and many manufactured and gem sectors falling. Services receipts and payments decreased per RBI July data and August estimates, yet net services remained in surplus, contributing to a provisional overall trade surplus for April-August 2020-21. News - Tue, 15 Sep 2020 18:59:40 +0530 https://www.taxtmi.com/news?id=23144