The current account deficit (CAD) for FY25 is expected to remain within 1 per cent to 1.2 per cent of GDP. Stable Foreign Direct Investment (FDI) flows and strong Foreign Portfolio Investment (FPI) inflows, driven by favorable interest rate differentials and policies aimed at integrating Ind
India's overall exports, merchandise and services combined, in August were to the tune of USD 65.4 billion, a dip of 2.4 per cent on a yearly basis, Commerce Ministry data showed on Tuesday. Same month last year it was USD 67.0 billion.
During the first four months of 2024-25 (April-July), India's total exports now stand at around USD 260 billion. The government has expressed optimism about reaching its full-year target of USD 800 billion
The services export post-pandemic times have maintained a steady momentum and accounted for 44 per cent of India's total exports in FY24 the survey notes. India ranked fifth in services exports, with other countries being the European Union (excluding intra-EU trade), the United States, the
Addressing a gathering in Mumbai at an event organised by the Gems and Jewellery Export Promotion Council (GJEPC), he said, "We expect that this year will see positive growth in goods and services exports, our exports will be around USD 800 billion."
India's overall exports, merchandise and services combined, in the month of June were to the tune of USD 68.29 billion, a 10.2 rise on a yearly basis, commerce ministry data showed on Friday.
Additionally, India has provided concessions in 105 sub-sectors, such as IT, healthcare, and accounting, expected to boost its services exports to EFTA countries.
India's services exports, in US dollar terms, grew at a robust compound annual growth rate (CAGR) of more than 14 per cent over the last 30 years (between 1993 and 2022), significantly higher than India's merchandise export growth (10.7 per cent) as well as world services export growth (6.8
China, Russia, Iraq, UAE, Singapore are among countries where India's exports in the just-concluded financial year have risen substantially, though with a low base.
The services sector particularly thrived due to robust local demand for consumer services and robust external demand for the country's business services exports. These factors are anticipated to remain pillars of support for growth in the upcoming year.
India's overall exports, merchandise and services combined, in February 2024 are estimated to be USD 73.55 Billion, exhibiting a positive growth of 14.20 per cent on a year-on-year basis. Of the total exports, merchandise exports were to the tune of USD 41.40 billion, as compared to USD 37.0
New Delhi [India], March 1: The Indo-American Chamber of Commerce (IACC) announces the India-US Legal Services Summit, the first of its kind, scheduled to be held at The Lalit, New Delhi on 4th March 2024. Organized in collaboration with Bar and Bench, Society of India Law Firms (SILF), Serv