Exports Surged To $ 30.21 Billion In April, TD At $ 15.24 Billion

Exports surged to $ 30.21 billion in April, the trade deficit stood at $ 15.24 billion.

There has been a significant jump in the country’s exports in April. India’s exports increased nearly three-fold to $ 30.21 billion in April. It was $ 10.17 billion in the year-ago period.

This information was given in the initial data released on Sunday by the Ministry of Commerce. Imports also rose more than two-fold to $ 45.45 billion in April. It was $ 17.09 billion in the year-ago period.

“India has been a net importer in the month of April,” the Commerce Ministry said in a statement. The country’s April trade deficit reached $ 15.24 billion.

Exports surged to $ 30.21 billion: This figure is more than double the April 2020 trade deficit figure of $ 6.92 billion. “

Significantly, last year, the export business registered a big decline of 60.28 percent due to the lockdown implemented to prevent the spread of coronavirus infection.

It then improved with the commencement of economic activities. In March this year, exports had increased by 60.29 percent to reach $ 34.45 billion.

Oil imports in April stood at $ 10.8 billion. It was $ 4.65 billion in the year-ago period.

Among the items which turned positive in exports in April include gems and jewelery, electronic goods, oil Khal, cashew nuts, jute, carpets, handicrafts, leather, engineering, petroleum products, marine products, and chemicals.

Gold Price: Last week, there was a significant decline in gold, there was also a huge decrease in the price of silver, know what the price left.

On the last trading day of the previous week, on Friday, June 4, 2021, the gold price of futures closed at Rs 46,737 per 10 grams on the MCX exchange with a gain of only Rs 11.

At the same time, the gold price of futures on August 5, 2021, rose by Rs 36 to close at Rs 47,051 per 10 grams. During the last week, there has been a significant fall in the prices of gold. Let us know in detail.

Gold price declined last week.

There has been a significant decline in the price of gold in the past week. On Monday, April 26, the first trading day of the previous week, gold prices on MCX opened on June 4, 2021 futures at Rs 47,604 per 10 grams.

At the same time, the price of this gold had closed at Rs 47,532 per 10 grams in the previous session. In this way, the price of this gold has declined by Rs 795 per 10 grams last week.

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