News Snapshot:
exports trade deficit Advertisement Advertisement Advertisement Advertisement Advertisement New Delhi, India'scontracted by 12.7 per cent, third month in a row, to USD 34.66 billion in April even as thereduced to a 20-month low of USD 15.24 billion, the government data showed on Monday. The decline in exports is mainly on account of poor demand in India's key destinations -- the Europe and the US -- and it may take some more months for the situation to improve.The demand scenario is "not looking very good as far as Europe is concerned, and the US also we have seen a decline in...
