Trade data: Exports rise at fastest pace in 3 months in Aug; deficit narrows to $17.4 bn

Imports too grew by 25.41 per cent in August to USD 45.24 billion due to costlier crude oil shipments. In August, the growth rate in overseas shipments touched a three-month high of 19.21 per cent. Earlier in May, exports had recorded a growth of 20.18 per cent.
Read The Rest at :