18-May-2024
Economy News
 
India's services exports decline marginally in March to $30 billion
03-May-2024

India's services exports declined 1.3 per cent in March to $30 billion while imports fell by 2.1 per cent to $16.61 billion, showed Reserve Bank data released on Thursday. As per RBI's data on India's international trade in services, the trade surplus during March 2024 was $13.4 billion. Both exports and imports of services were in positive zone in the preceding two months. According to the commerce ministry data, the services export during fiscal 2023-24 is estimated at $339.62 billion and imports at $177.56 billion.

News Source:- https://www.business-standard.com/economy/news/india-s-services-exports-decline-marginally-in-march-to-30-billion-124050201121_1.html