https://www.taxtmi.com/news?id=25511 Overall exports of merchandise and services expanded in May 2022 and in April-May 2022, with merchandise and services exports both rising but imports increasing at a faster pace, thereby widening the merchandise and overall trade deficits. Sectoral gains were concentrated in petroleum products, electronic goods, leather products, selected agricultural and processed items, engineering goods and pharmaceuticals, while several commodities (notably iron ore and certain cereals) showed declines. Services May data are estimated pending RBI releases and April-May 2021 comparators were pro rata revised. en-us Wed, 15 Jun 2022 16:51:15 +0530 Wed, 15 Jun 2022 16:51:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25511 Overall exports of merchandise and services expanded in May 2022 and in April-May 2022, with merchandise and services exports both rising but imports increasing at a faster pace, thereby widening the merchandise and overall trade deficits. Sectoral gains were concentrated in petroleum products, electronic goods, leather products, selected agricultural and processed items, engineering goods and pharmaceuticals, while several commodities (notably iron ore and certain cereals) showed declines. Services May data are estimated pending RBI releases and April-May 2021 comparators were pro rata revised. News - Wed, 15 Jun 2022 16:51:15 +0530 https://www.taxtmi.com/news?id=25511