NEW DELHI: Hiring for 3rd month in a row, India exports was marginally reduced by 0.8% in December 2020 even when the trade deficit expanded to $ 15.71 billion due to the increase in imports. Exports in December 2020 stood at $ 26,890 million, compared to $ 27.11 in the …
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MUMBAI : India posted a record current account surplus of $ 19.8 billion in the April-June quarter due to falling imports. The quarter also saw a decline in net foreign portfolio and foreign direct investment, while remittances from foreign workers fell. The current account surplus increased sharply to 3.9% of …
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[ad_1] Due to falling fuel demand and overflowing storage capacity, at least three oil refineries in India have ordered lower crude oil imports for May from the Middle East, including the world’s leading exporter from Saudi Arabia, they told Reuters refinery officials. Two oil refineries will cut their imports of …
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