India’s exports grew by 6.7 per cent to USD 25 billion on weak global demand, mainly in Europe while imports expanded about three times faster, leaving the country with a worrying trade deficit of USD 12.7 billion in December, 2011.
For the April-December period, exports increased by annualised 25.8 per cent to USD 217.6 billion, but inward shipments grew faster at 30.3 per cent to USD 350.9 billion, leaving a trade gap of USD 133.2 billion, according to data released by the Commerce Ministry today. In December last fiscal, the trade deficit was USD eight billion.
From: http://ping.fm/6fEpX
Popular Posts
-
Former FIFA vice president Reynald Temarii of Tahiti ends his 12-month suspension from football Wednesday still protesting he was the victim...
-
A 22-year-old engineering student, who was hit by the official car of a Deputy Commissioner of Police here last month, has succumbed to inju...
-
Eager to become the leader of al-Qaida , the then number two Aymen Zawahiri set up Osama bin Laden by repeatedly sending a human courier to ...
-
Chennai Super Kings skipper Mahendra Singh Dhoni won the toss and elected to bat against Kolkata Knight Riders in the fifth Indian Premier L...
-
Two persons were killed and 50 to 60 thers feared trapped in rubble after a factory in a residential area of this eastern Pakistani city col...
-
Venezuelan President Hugo Chavez on Sunday accused Italy's Parmalat of "monopolizing" milk supplies and threatened it with exp...
-
Mumbai Police on Tuesday night raided Suraj bar in Dahisar and arrested 14 persons including six girls engaged in sex racket. When a team o...
-
Oil prices were higher in Asian trade today, buoyed by a shutdown of Britain’s largest oil field as talk of war pervaded the crude-producing...
-
Congress President Sonia Gandhi’s much-anticipated public rally in Uttarakhand, the first after she underwent surgery abroad, was cancelled ...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment