https://www.taxtmi.com/news?id=23851 India's external trade in April-February 2020-21 contracted overall with merchandise exports declining cumulatively despite a marginal uptick in February; imports fell sharply year to date driven by a large reduction in oil imports while non oil imports rose in February but declined cumulatively. Services receipts and payments registered year on year contractions in the latest RBI release for January 2021, with February 2021 service figures estimated. The merchandise trade deficit widened in February, but the combined merchandise and services deficit for April-February narrowed substantially versus the prior year; February services data remain provisional. en-us Mon, 15 Mar 2021 18:38:29 +0530 Mon, 15 Mar 2021 18:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23851 India's external trade in April-February 2020-21 contracted overall with merchandise exports declining cumulatively despite a marginal uptick in February; imports fell sharply year to date driven by a large reduction in oil imports while non oil imports rose in February but declined cumulatively. Services receipts and payments registered year on year contractions in the latest RBI release for January 2021, with February 2021 service figures estimated. The merchandise trade deficit widened in February, but the combined merchandise and services deficit for April-February narrowed substantially versus the prior year; February services data remain provisional. News - Mon, 15 Mar 2021 18:38:29 +0530 https://www.taxtmi.com/news?id=23851