https://www.taxtmi.com/news?id=43820 India's merchandise and services exports rose in April across electronics, engineering goods, textiles, pharmaceuticals and several agricultural and marine products, with services exports also increasing year-on-year. However, a larger surge in imports-especially crude oil, fertilizers and gold-widened the merchandise trade deficit to a multi-month high. Officials cited a targeted country-and-commodity strategy, pursuit of free trade agreements, and tariff differentials with certain markets as factors influencing export patterns and policy focus. en-us Thu, 15 May 2025 21:31:03 +0530 Thu, 15 May 2025 21:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=43820 India's merchandise and services exports rose in April across electronics, engineering goods, textiles, pharmaceuticals and several agricultural and marine products, with services exports also increasing year-on-year. However, a larger surge in imports-especially crude oil, fertilizers and gold-widened the merchandise trade deficit to a multi-month high. Officials cited a targeted country-and-commodity strategy, pursuit of free trade agreements, and tariff differentials with certain markets as factors influencing export patterns and policy focus. News - Thu, 15 May 2025 21:31:03 +0530 https://www.taxtmi.com/news?id=43820