Friday 16 May 2014

India's exports, imports rise in April: RBI

India's exports increased to $14,319 million in March 2014 compared to $13,155 million in February 2014, according to the RBI (Reserve Bank of India) data.
The country's imports also increased to $8490 million in April 2014 from $6,386 million in March 2014, it added.
The RBI releases provisional aggregate monthly data on India’s international trade in services with a lag of around 45 days. Accordingly, the data for the month of February 2014 were released on April 15, 2014.
Monthly data on services are provisional and would undergo revision when the Balance of Payments (BoP) data are released on a quarterly basis, the RBI said in a press release on Thursday.

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