https://www.taxtmi.com/news?id=30346 India's exports contracted for the second consecutive month in December 2024 while the monthly trade deficit narrowed; imports rose and cumulative April-December data show modest export growth against larger import growth, widening the year to date trade deficit. Sectoral strengths were noted in non petroleum exports such as electronics, engineering and pharmaceuticals. The commerce ministry has convened commercial wings of missions and formed a committee to improve trade data publication and address a recent downward revision of gold import figures, as part of efforts to bolster export resilience and data reliability. en-us Wed, 15 Jan 2025 17:01:03 +0530 Wed, 15 Jan 2025 17:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=30346 India's exports contracted for the second consecutive month in December 2024 while the monthly trade deficit narrowed; imports rose and cumulative April-December data show modest export growth against larger import growth, widening the year to date trade deficit. Sectoral strengths were noted in non petroleum exports such as electronics, engineering and pharmaceuticals. The commerce ministry has convened commercial wings of missions and formed a committee to improve trade data publication and address a recent downward revision of gold import figures, as part of efforts to bolster export resilience and data reliability. News - Wed, 15 Jan 2025 17:01:03 +0530 https://www.taxtmi.com/news?id=30346