Tag: service exports

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Posted in Economy

Trade gap hits 10-month high in August; Exports shrink by 9.3%

India‘s trade gap ballooned to a 10-month high of $29.65 billion in August as muted global demand and geopolitical challenges led to a 9.3% contraction…

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In 2023, the increase in remittances was driven mainly by declining inflation and strong labour markets in the United States and Europe.
Posted in Business

Remittances to India may grow 3.7% in 2024 to $124 billion: Economic Survey

Remittances to India — the second largest source of external financing after service exports — are projected to grow at 3.7 per cent to USD…

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india exports: India's surging services exports may shield economy from external risks
Posted in Economy

india exports: India’s surging services exports may shield economy from external risks

MUMBAI | NEW DELHI: A surge in India’s services exports, which hit a record high in the October-December quarter, is expected to shield the economy…

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service exports: Services exports to cross $300 bn this fiscal; $1 trillion achievable by 2030: SEPC
Posted in Economy

service exports: Services exports to cross $300 bn this fiscal; $1 trillion achievable by 2030: SEPC

Services exports are recording a healthy growth rate and going by this trend, the outbound shipments will cross USD 300 billion in 2022-23, and tapping…

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