News Snapshot:
India’s overall exports (including merchandise and services) are estimated to have increased by 13.84 per cent to a record $770.18 billion in 2022-23, while overall imports are expected to have surged 17.38 per cent to $892.18 billion over the previous year, data released by the Ministry of Commerce and Industry on Thursday showed. A strong trade performance on the services front helped boost the overall export numbers in 2022-23, even as the impact of a global economic slowdown was visibly felt in the case of merchandise trade. Services exports are estimated to have grown by 26.79 per cent, as compared...
