Business

Continuation Of Increase In Exports, 45 Percent Increase In July

Continuation of increase in exports, 45 percent increase in first three weeks of July. Exports continue to grow in the current financial year.

In the first three weeks of July, the export of goods registered a growth of 45.13 percent over the same period last year.

This is an increase of 25.42 percent compared to the same period of the year 2019. In the first quarter (April-June, 2021) of the current financial year.

Exports were $ 95.39 billion, which is 85 percent higher than the corresponding period of the previous financial year and 17.90 percent more than the same period of the year 2019.

In April-June last year, USD 51.32 billion was exported as compared to USD 80.91 billion in April-June of 2019.

Continuation of increase in exports: Despite the second wave of Corona, the process of double-digit growth in exports of commodities continues since April.

In this, it was worth 15.49 billion dollars. In the first three weeks of July of the year 2019, USD 17.92 billion was exported.

Imports during the reporting period this year increased by 64.82 percent to $31.77 billion as compared to the same period last year. In the same period of the year 2019, 25.77 billion dollars were imported.

At the same time, imports in the first quarter of the current financial year increased by 108 percent to $ 126.15 billion as compared to the first quarter of the previous fiscal.

In view of the boom in the current fiscal, the Ministry of Commerce and Industry has set a target of export of 400 billion dollars.

Petrol Diesel Price today 24 July: Petrol-Diesel prices released today, know the rate of 1 liter of oil.

Oil marketing companies (OMCs) on Saturday continued to hold on to the revision of fuel prices for the seventh consecutive day.

It is the longest break in weeks, as global growth in oil production and rising US inventories have softened product prices in crude.

OMCs, however, has not reduced the retail price of petrol or diesel as more time would be required to study the volatility in oil prices before any correction for the fall.

With no change in prices, petrol in the national capital is being sold at Rs 101.84 per liter, while diesel is also being sold at an unchanged rate of Rs 89.87 per liter.

Amit Kaul

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