Diabytes
August exports News
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In July, trade deficit soared to a near five-year high of USD 18.02 billion.
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Exports of top five sectors - engineering, petroleum, gems and jewelery, textiles and pharmaceuticals - fell by about 25 percent to USD 13.33 billion in August due to global demand slowdown.
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Growth rate of India's exports slipped to 5-month low of 2.35 percent in August at USD 26.95 billion, pushing up the trade deficit to USD 10.83 billion.
After registering growth for consecutive months, exports in August slipped to 2.35 percent at $26.95 billion as the trade deficit in the same month widen to $10.83 billion.
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