services exports News

India's Current Account Deficit Shows Improvement, Drops to 1.2% of GDP

India's current account deficit narrowed to 1.2% of GDP in Q2 FY25, showing resilience against a widening trade deficit, thanks to robust services exports and remittance inflows.

India's Services Exports Set to Surpass Goods: A Historic Trade Shift

India's services exports are projected to surpass goods shipments for the first time, marking a significant shift in trade dynamics. The government is focusing on six key services ...