Services
India's May services exports show 7.7% growth to $27.06 billion, says RBI
Mumbai: India's services exports in May increased by 7.7% year-on-year to $27.06 billion, while imports rose by 2% to $15.5 billion, according to provisional data released by the Reserve Bank of India (RBI) on Monday.
These figures differ slightly from the government's initial estimates released in mid-June, which had reported services exports at $25.3 billion and services imports at $13.53 billion.
It's important to note that the RBI's numbers are provisional and subject to further updates.
Final figures are typically published quarterly as part of India's overall balance-of-payments data.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
