- India's trade deficit narrows to USD 3.15 billion in may from USD 15.36 billion a year ago.
- Exports in the same month stood at USD 19.05 billion, while imports were seen at USD 22.2 billion.
- They have contacted for third straight month now.
- Trade deficit of last month was USD 6.76 billion.
- Imports too plunged 51 percent to USD 22.2 billion in may.
Reasons
- Gold imports in may also dipped 98.4 percent to USD 76.31 million.
- Exports for Iron Ore, Drugs and Pharmaceuticals registered growth of 103.04 percent and 17.32 percent respectively.
This is dummy text. It is not meant to be read. Accordingly, it is difficult to figure out when to end it. But then, this is dummy text. It is not meant to be read. Period.
ConversionConversion EmoticonEmoticon