https://www.taxtmi.com/news?id=24948 India's external trade expanded in December 2021 and over April-December 2021, with combined merchandise and services exports rising year-on-year and imports rising faster, producing a wider overall trade deficit. Merchandise exports and imports both grew substantially, but imports outpaced exports, increasing the merchandise deficit for the month and the cumulative period. Services exports showed modest estimated growth while services imports rose more, contracting the monthly services surplus though the cumulative services surplus increased. December services data are provisional and subject to revision by the Reserve Bank of India. en-us Fri, 14 Jan 2022 12:54:43 +0530 Fri, 14 Jan 2022 13:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24948 India's external trade expanded in December 2021 and over April-December 2021, with combined merchandise and services exports rising year-on-year and imports rising faster, producing a wider overall trade deficit. Merchandise exports and imports both grew substantially, but imports outpaced exports, increasing the merchandise deficit for the month and the cumulative period. Services exports showed modest estimated growth while services imports rose more, contracting the monthly services surplus though the cumulative services surplus increased. December services data are provisional and subject to revision by the Reserve Bank of India. News - Fri, 14 Jan 2022 12:54:43 +0530 https://www.taxtmi.com/news?id=24948