Exports grew by 22.5 per cent to 16.64 billion US dollars in August compared to the same period last fiscal. Commerce Secretary Rahul Khullar told reporters in New Delhi today that Imports, too, jumped by 32.2 per cent year-on-year to 29.7 billion US dollars in the same period. During April-August this fiscal, exports posted a growth rate of 28.6 per cent to USD 85.27 billion on a year-on-year basis. Imports during the April-August period grew by 33.1 per cent to USD 141.89 billion. The country's trade deficit widened to USD 13.06 billion in August compared to the year-ago period. For the April-August, 2010, period, the trade deficit amounted to USD 56.62 billion.
News On AIR | September 15, 2010 1:28 PM
Exports grows by 22.5 per cent in August