Category Archives: Stock Market

July exports up 13.2% YoY

India’s exports rose for the ninth straight month in July, growing an annual 13.2 per cent to $16.24 billion, government data on Wednesday showed.

Imports for the month rose 34.3 per cent to $29.17 billion, widening the country’s trade deficit to $12.93 billion.

Exports during the April-July period rose 30.1 per cent to $68.63 billion.

Asia’s third-largest economy is targeting close to 15 per cent export growth in the current fiscal year, following a drop of 4.7 per cent in the 2009-10 fiscal year as the global financial crisis-led slowdown crimped demand.