India's August Exports Drop - Commerce Secretary

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India's August exports declined 20% for the eleventh month in row to $14.3 billion from $17.8 billion in the corresponding month a year-ago. The drop in export was attributed to continued slump in global demand, media reported quoting a statement of Commerce Secretary Rahul Khullar.

In April-August this fiscal, exports dropped 31% to $63.9 billion from $93.1 billion for the comparable period of the corresponding year.

(Market News Provided by RTTNews)