India's services exports rises 26.0% in June 2018

Capital Market 

Services trade surplus improves 10.8% to US$ 6.57 billion in June 2018

As per the data released by the Reserve Bank of India, India's services exports increased 26.0% to US$ 16.87 billion in June 2018 over June 2017. Meanwhile, India's services imports jumped 38.1% to US$ 10.30 billion in June 2018.

India's services trade surplus improved 10.8% to US$ 6.57 billion in June 2018 from US$ 5.93 billion in June 2017.

India's services trade surplus improved 10.1% to US$ 19.19 billion in April-June 2018 over a year ago, as India's services exports moved up 27.4% to US$ 50.61 billion. Meanwhile, services imports surged 40.9% to US$ 31.42 billion in April-June 2018.

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First Published: Tue, August 14 2018. 18:27 IST