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Favourable trade winds

Export jump augurs well for economy

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Business Standard Editorial Comment
A 26 per cent rise in exports in September – the highest in the last six months – could not have come at a better time, either for Indian exporters or, indeed, the government. In that sense, the enthusiasm of Commerce Minister Suresh Prabhu is understandable. A thrilled Mr Prabhu tweeted after the data was out on Friday, “India’s growth story is back!” Improvement in some other economic indicators must have contributed to the feel-good factor for the minister. It is true that a big reason for exports to show such a big jump has been the rise in crude

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