India''s trade deficit for the five months of the current financial year beginning
April 2007 rose to $32.5 billion, helped by a further rise in non-oil imports
into the country in August this year.
imports surged an annual 32.64 per cent to $19.57 billion in August even as the
country''s exports rose 18.9 per cent for the same month to $12.7 billion, official
country''s trade deficit for August was $6.88 billion, compared to $4.08 billion
in the same month a year earlier.
during August were valued at $19.6 billion, while they stood at $92 billion for
the April-August 2007-08 period.
during the August were valued at $12.7 billion, while the total for April-August
period worked out to be $59.5 billion, up by 18.36 per cent over the same period
a year ago.
of non-oil items during August increased by 39.57 per cent while for the April-August
period, it went up by 31.07 per cent. Oil imports during August went up by 19.52
regards April-August 2007-08, oil imports went up by 8.32 per cent, while non-oil
imports registered an increase of 42.85 per cent.
appreciation of the rupee seems to have failed to make much dent on Indian exports.
Since the beginning of this year, the rupee has pierced the Rs40 against the dollar.
also see : General
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