HindustanTimes Sun,21 Sep 2014

Services exports down 6.8% to $12.9bn in June

PTI  Mumbai, August 15, 2014
First Published: 18:58 IST(15/8/2014) | Last Updated: 18:59 IST(15/8/2014)

Services exports fell by 6.8% to $12.97 billion in June as compared to the same month last year.


Import of services during the month also fell by 10.4% to $7.19 billion, according to the RBI data.

Total receipts (or exports) in services during April-May stood at $40.47 billion, while payments (or imports) were at $24.09 billion, the data showed.

India's services export in 2013-14 stood at $167.01 billion and imports were at $88.19 billion.

The services sector contributes about 60% to country's gross domestic product.

more from Business

Alibaba's big debut: Here are the 10 things you want to know

China's e-commerce giant Alibaba began trading its shares Friday on the New York Stock Exchange. Here are ten things to know about Alibaba, and why its initial public offering made history.
Most Popular
Copyright © 2014 HT Media Limited. All Rights Reserved