India's merchandise exports fell for the 12th consecutive month in September to USD 13.6 billion, commerce and industry ministry data showed. Exports were down 13.8% from a year ago. India's exports have been declining since the global financial crisis hit world markets last year. During September, the country's imports declined 31.3% on year to USD 21.4 billion, narrowing the trade deficit to USD 7.8 billion from USD 15.3 billion a year ago. India's imports have also been falling since January, reflecting weak domestic demand. Oil imports in September fell 33.5% on year to USD 6.34 billion, while non-oil imports fell 30.4% on year to USD 15.03 billion.
Copyright NewsWire18 Pvt. Ltd. 2007. All rights reserved.
|
Budget: 2008, 2009, 2010, 2011, 2012 |
Intuit Money Manager |
RBI Credit Policy | Union Budget | Budget 2012
| Economic Survey
| Railway Budget
| Financial Glossary
|
Message Board |
Moneybhai |
Connect.in.com |
Business Yellow Pages |
India's Premiere Technology Guide | History India
| Up Polls | Latest News
| Uninor | Tata Steel | Chennai | Vodafone Essar | Mahindra Satyam | Mutual fund | Initial public offering | MCX | BSE Sensex | India 
