New Delhi, March 15
India’s exports dipped in February for the third consecutive month by 8.8 per cent to USD 33.88 billion against USD 37.15 billion in the same month last year, according to the data released by the commerce ministry on Wednesday.
Imports also declined by 8.21 per cent to USD 51.31 billion as against USD 55.9 billion recorded in the corresponding month last year.
The country’s trade deficit in February stood at USD 17.43 billion.
During April-February this fiscal, however, the country’s overall merchandise exports rose by 7.5 per cent to USD 405.94 billion.
Imports during the period increased by 18.82 per cent to USD 653.47 billion.
Most Read In 24 Hours
Don't MissView All
In 4 different incidents, BSF shoots down drone, arrests 2 men and seizes weapons and drugs near international border in Punjab
During the intervening night of March 27-28, BSF troops dete...
EPFO fixes 8.15 per cent interest rate on employees' provident fund for 2022-23
In March 2022, EPFO had lowered the interest on EPF for 2021...
China aims to replace US as global net security provider, says Army chief
Was speaking at an event in Pune
Enforcement Directorate conducts searches in Chhattisgarh coal levy case
The ED had said an amount of at least Rs 540 crore was ‘exto...
Couple from Punjab's Goraya shot dead in Philippines
Sukhwinder Singh ran a finance business in Manila for the pa...