https://www.taxtmi.com/news?id=37554 India's merchandise exports fell to USD 36.91 billion in February, the fourth monthly decline, while the trade deficit narrowed to USD 14.05 billion as imports declined to USD 50.96 billion. The contraction and deficit compression are linked to petroleum price volatility, reduced imports of crude oil and precious metals, and a high base effect; figures are preliminary. Cumulative April-February merchandise and services exports rose year on year, while non petroleum/non gems export and import movements diverged in February. en-us Mon, 17 Mar 2025 20:31:03 +0530 Mon, 17 Mar 2025 20:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=37554 India's merchandise exports fell to USD 36.91 billion in February, the fourth monthly decline, while the trade deficit narrowed to USD 14.05 billion as imports declined to USD 50.96 billion. The contraction and deficit compression are linked to petroleum price volatility, reduced imports of crude oil and precious metals, and a high base effect; figures are preliminary. Cumulative April-February merchandise and services exports rose year on year, while non petroleum/non gems export and import movements diverged in February. News - Mon, 17 Mar 2025 20:31:03 +0530 https://www.taxtmi.com/news?id=37554