New Delhi -°C
Today in New Delhi, India

Oct 15, 2019-Tuesday
-°C

Humidity
-

Wind
-

Select city

Metro cities - Delhi, Mumbai, Chennai, Kolkata

Other cities - Noida, Gurgaon, Bengaluru, Hyderabad, Bhopal , Chandigarh , Dehradun, Indore, Jaipur, Lucknow, Patna, Ranchi

Wednesday, Oct 16, 2019

Exports grow 21% at $303.7 bn; trade deficit shoots up

Country's exports grew by 21% to $303.7 billion in 2011-12 over the previous fiscal, while imports shot up by 32.1%. Imports reached $488.6 billion, leaving a trade deficit of $184.9 billion, commerce secretary Rahul Khullar said.

business Updated: Apr 19, 2012 13:19 IST

PTI
Hindustantimes
         

Country's exports grew by 21% to $303.7 billion in 2011-12 over the previous fiscal, while imports shot up by 32.1%. Imports reached $488.6 billion, leaving a trade deficit of $184.9 billion, commerce secretary Rahul Khullar said in New Delhi on Thursday.

"This is the highest trade deficit and is a serious concern," he said.

Khullar also said gold imports, which contributed in increasing the bill, is expected to decline in the current fiscal (2012-13) due to the duties imposed by the government.

First Published: Apr 19, 2012 13:16 IST

top news