Bulletin Updates

India to cross $700 bn in FY23 – 29 Mar 2023

Mar 29, 2023

According to a report, India's merchandise imports are expected to increase by 16% to USD 710 billion this fiscal year, driven by higher imports of crude oil, coal, diamonds, chemicals, and electronics. The report also noted that India's economy may be moderately affected by global demand weakness and recession in major economies.

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