August exports shrink 12.6%, trade deficit hits 4-month high of $6.77 bn
After reducing for three months, the pace of contraction of India’s exports rose in August. Export earnings in the month declined by 12.6 per cent year on year, higher than July's 10.2 per cent fall, as trade in major foreign exchange earners such as petroleum, gems, electronics, and textiles continued to take a hit. Outbound trade stood at $22.7 billion, completing six straight months of contraction. Read More
Absolutely clear on zero tolerance for hate speech at Facebook: India MD
Weeks after a controversy broke out