 "Trade")
There was disappointing news on the exports front in the new financial year as growth crashed to a four-month low of only 0.64 per cent in March, as sectors such as engineering goods and gems and jewellery suffered sharp contractions.
According to data released by the commerce and industry ministry on Wednesday, exports stood at $26.07 billion in April, managing an overall positive growth rate due to high realisations from petroleum receipts.
The sudden reversal in outbound shipments comes in stark contrast to March, when export growth had reached double digits for the first time in five months. March’s 11
