Exports up 17% in April

 Buoyed by the performance on the export front, Commerce Minister Kamal Nath had revised upwards the export target for this fiscal to $92 billion from $88 billion.

In rupee terms, exports rose 16.7% to Rs 28,729 crore in April 2005, and imports grew 50.4% to Rs 45,589.46 crore.

Trade deficit in rupee terms during the month under review stood at Rs 16,860 crore.