Web Sify
Follow us on
Mail
Print

April trade deficit narrows to $10.09 billion - government

Source : REUTERS
Last Updated: Fri, May 09, 2014 12:35 hrs
Harbour

India's trade deficit narrowed in April on a fall in imports and an uptick in exports, easing pressure on the country's current account balance, government data showed.

The trade deficit stood at $10.09 billion, down from $10.51 billion in March, the data released by the Ministry of Commerce and Industry showed on Friday.

Merchandise exports rose 5.26 percent from a year earlier to $25.63 billion, after falling 3.15 percent in March.

Imports fell 15 percent year-on-year to $35.72 billion last month, the data showed.


More from Sify:
blog comments powered by Disqus
  Cities   Price (10g)
  Chennai   Rs. 24500.00 (-0.33%)
  Mumbai   Rs. 25480.00 (-0.08%)
  Delhi   Rs. 25200.00 (0%)
  Kolkata   Rs. 25000.00 (0%)
  Kerala   Rs. 24400.00 (-0.41%)
  Bangalore   Rs. 24450.00 (0%)
  Hyderabad   Rs. 24580.00 (0%)
talking point on sify finance