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    <title>Despite persistent global challenges, overall exports (merchandise + services) estimated to surpass last year’s highest record. It is estimated to reach USD 776.68 Billion in FY 2023-24 as compared to USD 776.40 Billion in FY 2022-23.</title>
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    <description>India&#039;s FY 2023-24 overall exports (merchandise and services) are estimated slightly above the prior year, driven by higher services exports and sectoral merchandise gains in electronic goods, drugs and pharmaceuticals, engineering goods, iron ore, textiles-related items, agricultural commodities and ceramics. Merchandise exports fell year on year while services exports rose, yielding a larger services surplus and a substantially improved overall trade deficit. Monthly March 2024 estimates show declines in exports and imports versus March 2023, and services data for March remain provisional pending central bank release.</description>
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    <pubDate>Mon, 15 Apr 2024 16:34:40 +0530</pubDate>
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      <link>https://www.taxtmi.com/news?id=27452</link>
      <description>India&#039;s FY 2023-24 overall exports (merchandise and services) are estimated slightly above the prior year, driven by higher services exports and sectoral merchandise gains in electronic goods, drugs and pharmaceuticals, engineering goods, iron ore, textiles-related items, agricultural commodities and ceramics. Merchandise exports fell year on year while services exports rose, yielding a larger services surplus and a substantially improved overall trade deficit. Monthly March 2024 estimates show declines in exports and imports versus March 2023, and services data for March remain provisional pending central bank release.</description>
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