https://www.taxtmi.com/news?id=26025 India's November 2022 trade estimates show year on year growth in combined merchandise and services exports and increased imports, with April-November figures indicating stronger export growth but proportionally larger import growth, resulting in a widened trade deficit. Services November data are provisional. Merchandise exports rose modestly in November while the April-November merchandise deficit expanded; trade excluding petroleum and gems & jewellery showed export gains but sharp import increases. Sectoral variations reflect global demand slowdown, domestic demand resilience, duty effects, and commodity price pressures. en-us Fri, 16 Dec 2022 09:47:56 +0530 Fri, 16 Dec 2022 09:47:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26025 India's November 2022 trade estimates show year on year growth in combined merchandise and services exports and increased imports, with April-November figures indicating stronger export growth but proportionally larger import growth, resulting in a widened trade deficit. Services November data are provisional. Merchandise exports rose modestly in November while the April-November merchandise deficit expanded; trade excluding petroleum and gems & jewellery showed export gains but sharp import increases. Sectoral variations reflect global demand slowdown, domestic demand resilience, duty effects, and commodity price pressures. News - Fri, 16 Dec 2022 09:47:56 +0530 https://www.taxtmi.com/news?id=26025