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India's services exports up 2.8% to $18 billion in April

India's services exports up 2.8% to $18 billion in April

India's services exports up 2.8% to $18 billion in April
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By PTI Jun 14, 2019 7:47:00 PM IST (Published)

India's service sector exports rose by 2.8 percent to $18.06 billion in the first month of the current fiscal, RBI data showed June 14.

India's service sector exports rose by 2.8 percent to $18.06 billion in the first month of the current fiscal, RBI data showed June 14.

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The services receipt or exports during April 2018 stood at $17.56 billion.
Services payments or imports in April 2019 were at $11.4 billion, up by 4.6 percent from $10.92 billion in the same month of 2018-19, according to the RBI data on India's international trade in services for April 2019.
The Reserve Bank releases monthly data on India's international trade in services with a lag of around 45 days.
The monthly data on services are provisional and undergo revision when the Balance of Payments (BoP) data are released on a quarterly basis.
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