India's international trade in services showed notable momentum in June 2025, with both exports and imports registering year-on-year growth, according to data released by the Reserve Bank of India (RBI).
India's overall exports, merchandise and services combined, in May were to the tune of USD 71.12 billion, a 2.77 per cent rise on a yearly basis, Commerce Ministry data showed on Monday. Same month last year it was USD 69.20 billion.
As per a report by ICICI Bank, this marked a stronger growth momentum in the second half of the financial year compared to the first half, powered by a rise in government spending and a pick-up in rural demand, domestic travel and services exports.
The Services Export Promotion Council (SEPC), in collaboration with the Society of Indian Law Firms (SILF) and the Indian National Association of Legal Professionals (INALP), on Saturday successfully hosted the International Legal Conference 2025 on the theme "India's Legal and Regulatory Fr
The recovery in private corporate investment in India may face further delays due to weak corporate sentiment triggered by higher U.S. tariffs and the risk of China offloading excess manufacturing capacity, according to a recent report by UBS.
Resilient services exports and remittance inflows are likely to cushion the overall impact, keeping the CAD for FY25 within a manageable range of 1.2 per cent-1.5 per cent of GDP.
India's overall exports, merchandise and services combined, in November were to the tune of USD 67.79 billion, a 9.6 rise on a yearly basis, Commerce Ministry data showed on Monday. Same month last year it was USD 61.85 billion.
In a historic first, developing economies in 2023 crossed the trillion-dollar mark in their exports of digitally deliverable services, according to new data released by UN Trade and Development (UNCTAD).
India's export recovery may encounter challenges due to softening demand in developed markets, the Ministry of Finance in its monthly report said on Monday.