Sept exports down 13.8 pct yr/yr - govt official
NEW DELHI (Reuters) - India's exports in September fell 13.8 percent year-on-year to $13.6 billion, but the declining trend may reverse by December or January, a government official told Reuters on Tuesday.
"December or January, it will go to the positive side. It (export growth) is still in negative, but there is a fall in deceleration," said G. Bhujabal,economic advisor in the Ministry of Commerce and Industry.
He said exports fell 28.5 percent in the April-September period to $77.9 billion.
(Reporting by Matthias Williams)
(For more news on Reuters Money visit www.reutersmoney.in)
© Thomson Reuters 2009 All rights reserved
Dubai Debt Fears
Banks outside the Gulf played down their exposure to Dubai debt, after fears the emirate could default and even derail world economic recovery prompted a sell-off in global markets. Full Article | Slideshow
India Investment Summit 2009
Top executives and bankers discuss their own plans and the broader opportunities and challenges for India. Full Coverage
India
US
UK
