ALSO READSBI led consortium to sell 51% stake in Odisha power plant Central Bank of India under RBI's corrective action lens PSU bank stocks edge lower Moody's affirms the ratings of seven and downgrades the ratings of two Indian public sector banks Interview for RBI deputy governor post on July 29
Services trade surplus declines to US$ 5.04 billion in August 2017As per the data released by the Reserve Bank of India, India's services exports increased 2.4% to US$ 13.70 billion in August 2017 over August 2016. Meanwhile, India's services imports declined 7.5% to US$ 8.66 billion in August 2017. India's services trade surplus declined 5.3% to US$ 5.04 billion in August 2017 from US$ 5.33 billion in August 2016.
India's services trade surplus improved 5.3% to US$ 28.32 billion in April-August FY2017 over a year ago, with 1.7% dip in services imports to US$ 38.29 billion. India's services exports rose 1.1% to US$ 66.60 billion in April-August 2017.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)