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India’s trade deficit goes up in the just ended Quarter
New Delhi, Nov. 25: Despite the latest projection by the Modi Government that the GDP growth rate in the first quarter (April-June) of financial year 2014-15 (FY15) , coinciding with the coming to power of the BJP led NDA at the Centre, rebounded to 5.7 per cent per annum as compared with growth of 4.6 per cent per annum in the previous quarter (Q4 of FY14), what remains a matter of concern is that India’s trade deficit in Q2 of 2014-15 (Jul-Sep 2014) increased to USD 37.5 bn from USD 36.9 bn in Q1 of 2014-15. http://newshence.com/indias-trade-deficit-goes-up-in-the-just-ended-quarter.html