Tag: Goods exports

NEW DELHI: India's goods exports fell almost 7% to $34.5 billion in August, marking the seventh straight month of decline amid tepid demand and lower commodity prices. Imports, too, decreased over 5% to $58.6 billion, resulting in the trade deficit narrowing to $24.1 billion in August, marginally lower than last year (see graphic).Commerce secretary Sunil Barthwal said there were "good signs" as some green shoots were visible. "It means the global situation is improving. The trade deficit, which has always been a concern, but the figures (for August)...