Web Analytics Business News This Week India's exports up 11.5 pc in January 2010 | Business News This Week

Mar 2, 2010

India's exports up 11.5 pc in January 2010

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New Delhi : The exports of India is increasing, in January 2010 export rose to 11.5 per cent at $14.3 billion according to government reports. There is also little rise in the imports from various countries. The rise in the exports always considered as the best way to tackle the trade deficit. The imbalances in the trade lead to wide trade deficit, which ultimately be the cause for the capital flight from a nation to another.

The exports rise is the best when the country is back on track from the clutches of global downturn. India has been the a best exporter to the countries of the world including major economies like US and China. And importer of goods from these two countries - US and China too. In January the trade deficit is at $10.4 billion comparing to the last year's statistics of $5.4 billion. It is expected that this time the EXIM policy will have some new concepts.


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