https://www.taxtmi.com/news?id=23443 India's April-November 2020-21 external trade contracted, with merchandise exports and imports falling year on year and marked commodity specific variances: some commodities recorded positive growth while major groups including petroleum products and engineering goods declined. Oil imports fell sharply reflecting lower global prices; non oil and non gold imports also declined. RBI services data for October 2020 show lower receipts and payments and November services numbers are provisional. Combining merchandise and services yields an estimated overall trade surplus for April-November 2020-21, with November services figures subject to revision. en-us Tue, 15 Dec 2020 19:28:39 +0530 Tue, 15 Dec 2020 19:28:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23443 India's April-November 2020-21 external trade contracted, with merchandise exports and imports falling year on year and marked commodity specific variances: some commodities recorded positive growth while major groups including petroleum products and engineering goods declined. Oil imports fell sharply reflecting lower global prices; non oil and non gold imports also declined. RBI services data for October 2020 show lower receipts and payments and November services numbers are provisional. Combining merchandise and services yields an estimated overall trade surplus for April-November 2020-21, with November services figures subject to revision. News - Tue, 15 Dec 2020 19:28:39 +0530 https://www.taxtmi.com/news?id=23443