India's goods exports have increased for the first time in eight months, driven by pharma and engineering exports. Preliminary data suggests that exports rose by around 3% compared to last year. Imports, which have been falling for nine months, have also shown improvement. The fall in exports has been attributed to weak demand and moderation in commodity prices. Services exports have remained strong, helping to narrow the overall trade deficit.
Posted from: this blog via Microsoft Power Automate.