1Indian trade: January data reveal optimistic trends.
January saw India’s exports rise by 3.12%, reaching $36.92 billion, while imports grew by 3% to $54.41 billion, resulting in a $17.49 billion trade deficit. Fiscal year data reveals a 4.89% decline in exports and a 6.71% decrease in imports. Despite challenges, 18 out of 30 major sectors experienced positive export growth, indicating sectoral resilience. … Read more