https://www.taxtmi.com/news?id=41008 India's exports recovered marginally in March and overall goods and services shipments reached a record for the fiscal, but imports rose faster, widening both the monthly and fiscal-year trade deficits. Growth was led by engineering, electronics, pharmaceuticals, textiles and certain agricultural commodities, while petroleum products, gems and jewellery, and chemicals contracted. Services exports strengthened overall receipts. Rising gold and electronic imports contrasted with lower coal and coke inflows, producing compositional shifts that increased the cumulative trade deficit despite record export levels. en-us Tue, 15 Apr 2025 21:16:03 +0530 Tue, 15 Apr 2025 21:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=41008 India's exports recovered marginally in March and overall goods and services shipments reached a record for the fiscal, but imports rose faster, widening both the monthly and fiscal-year trade deficits. Growth was led by engineering, electronics, pharmaceuticals, textiles and certain agricultural commodities, while petroleum products, gems and jewellery, and chemicals contracted. Services exports strengthened overall receipts. Rising gold and electronic imports contrasted with lower coal and coke inflows, producing compositional shifts that increased the cumulative trade deficit despite record export levels. News - Tue, 15 Apr 2025 21:16:03 +0530 https://www.taxtmi.com/news?id=41008