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Services export flat at $12.9 bn in Apr, import inches up

Press Trust of India  |  Mumbai 

India's services export was almost flat at USD 12.90 billion in April compared to USD 12.91 billion in the same month last year.

Services import was marginally up at USD 7.22 billion in April 2017 against USD 7.18 billion year ago, according to the RBI data released today.



In the fiscal ended March 2017, the country's total services export grew by 3.4 per cent year-on-year to USD 160.68 billion.

Services import -- against which payments were done by -- was up by 11.4 per cent to USD 95.47 billion in 2016-17.

The RBI publishes data on 'India's International Trade in Services' every month and it shows the data for the latest with a lag of 45 days.

The data is provisional initially and undergoes revision when the Balance of Payments (BoP) data is released on a quarterly basis.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Services export flat at $12.9 bn in Apr, import inches up

India's services export was almost flat at USD 12.90 billion in April compared to USD 12.91 billion in the same month last year. Services import was marginally up at USD 7.22 billion in April 2017 against USD 7.18 billion year ago, according to the RBI data released today. In the fiscal ended March 2017, the country's total services export grew by 3.4 per cent year-on-year to USD 160.68 billion. Services import -- against which payments were done by India -- was up by 11.4 per cent to USD 95.47 billion in 2016-17. The RBI publishes data on 'India's International Trade in Services' every month and it shows the data for the latest with a lag of 45 days. The data is provisional initially and undergoes revision when the Balance of Payments (BoP) data is released on a quarterly basis. India's services export was almost flat at USD 12.90 billion in April compared to USD 12.91 billion in the same month last year.

Services import was marginally up at USD 7.22 billion in April 2017 against USD 7.18 billion year ago, according to the RBI data released today.

In the fiscal ended March 2017, the country's total services export grew by 3.4 per cent year-on-year to USD 160.68 billion.

Services import -- against which payments were done by -- was up by 11.4 per cent to USD 95.47 billion in 2016-17.

The RBI publishes data on 'India's International Trade in Services' every month and it shows the data for the latest with a lag of 45 days.

The data is provisional initially and undergoes revision when the Balance of Payments (BoP) data is released on a quarterly basis.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Services export flat at $12.9 bn in Apr, import inches up

India's services export was almost flat at USD 12.90 billion in April compared to USD 12.91 billion in the same month last year.

Services import was marginally up at USD 7.22 billion in April 2017 against USD 7.18 billion year ago, according to the RBI data released today.

In the fiscal ended March 2017, the country's total services export grew by 3.4 per cent year-on-year to USD 160.68 billion.

Services import -- against which payments were done by -- was up by 11.4 per cent to USD 95.47 billion in 2016-17.

The RBI publishes data on 'India's International Trade in Services' every month and it shows the data for the latest with a lag of 45 days.

The data is provisional initially and undergoes revision when the Balance of Payments (BoP) data is released on a quarterly basis.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22