
India’s exports dip 2.17 pc to USD 38.73 bn in May; trade gap shrinks to USD 21.88 bn
New Delhi: After registering a positive growth for two months, India’s exports slipped into negative territory again, contracting 2.17 per cent year-on-year to USD 38.73 billion in May due to a fall in petroleum goods’ shipments, while trade deficit narrowed to USD 21.88 billion during the month. According to government data released on Monday, imports…