Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
19 September, 2017 20:57 IST
India's exports up 8.3% in May; Imports jump 33%
Source: IRIS | 16 Jun, 2017, 10.25AM
Comments  |  Post Comment

Exports have been exhibiting positive growth for the last eight months. In continuation withgrowth indicated by exports since September 2016, exports during May 2017 have shown growth of 8.32 per cent in dollar terms valued at USD 24014.62 million as compared to USD 22170.62 million during May, 2016. In Rupee terms, during May 2017 exports were valued at Rs 1547.13 billion as compared to Rs 1483.36 billion during May, 2016, registering a positive growth of 4.30 per cent.

Imports during May 2017 were valued at USD 37856.34 million (Rs 2438.88 billion) which was 33.09 per cent higher in Dollar terms and 28.16 per cent higher in Rupee terms over the level of imports valued at USD 28443.52 million (Rs 1903.06 billion) in May, 2016. Cumulative value of imports for the period April-May 2017-18 was USD 75740.62 million (Rs 4882.69 billion) as against USD 53857.24 million (Rs 3592.29 billion) registering a positive growth of 40.63 per cent in Dollar terms and 35.92 per cent in Rupee terms over the same period last year.

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Petrol, diesel prices not market driven, but tax driven: Assocham - 18-Sep-2017 10:08
WPI inflation hits 4-month high at 3.24% in August 2017 - 14-Sep-2017 12:37
Cabinet approves 1% DA hike; good news for 49 lakh staffers, 61 lakh pensioners - 13-Sep-2017 11:35
Manufacturing sector must grow 14-15% to have 9-10% GDP - 13-Sep-2017 11:19
CPI inflation jumps to five-month high in Aug'17 - 13-Sep-2017 10:34
Industrial production grows 1.2% in July'17 - 13-Sep-2017 10:18
Indian banks may face USD 65 bn capital shortage by FYE19: Fitch - 12-Sep-2017 12:49
Direct Tax collections up 17.5% April-August 2017 - 12-Sep-2017 10:52
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer