Services trade surplus declines 3.8% to US$ 46.71 billion April-November 2015
As per the data released by the Reserve Bank of India, India's services exports declined 3.6% to US$ 12.02 billion in November 2015 over November 2014. Meanwhile, India's services imports also fell 7.6% to US$ 5.69 billion in November 2015.Thus, India's services trade surplus improved marginally by 0.2% to US$ 6.33 billion in November 2015 from US$ 6.32 billion in November 2014.
India's services trade surplus fell 3.8% to US$ 46.71 billion, with 0.4% decline in services exports to US$ 103.30 billion in April-November 2015 over a year ago. India's services imports increased 2.6% to US$ 56.60 billion in April-November 2015.
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