November exports fall 4 percent, imports soar
NEW DELHI (Reuters) - India's exports fell 4 percent to $22.3 billion in November, while imports jumped to $41.5 billion, leaving a trade deficit of $19.3 billion, a trade ministry official said on Tuesday.
Exports between April and November fell 6 percent to $189 billion.
Oil imports rose 16.8 percent to $14.5 billion, the official said.
(Reporting By Frank Jack Daniel)
- Tweet this
- Share this
- Digg this
India will decide on ending government control on diesel pricing after elections in two states next month, an oil ministry source said, even though local prices of the fuel are currently higher than the global rates, making a case for a cut in retail prices. Full Article
India says to defend China border after standoff ahead of Xi visit. Full Article
Climate smart farmers get tech savvy to save India's bread basket. Full Article