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Services exports boost India’s external balance
Strong services exports supported India’s external balance, while flat core sector growth highlighted uneven momentum across infrastructure industries.
India’s services exports delivered a strong performance in December, generating a surplus of one point five lakh crore rupees, equivalent to over eighteen billion dollars. The data supported the country’s external balance position. Meanwhile, core sector growth remained flat in October, marking the weakest performance in fourteen months and signalling uneven momentum across key infrastructure segments and industrial output trends nationwide.