GK and monthly revision

India's services exports narrow gap with goods trade as overall trade grows 5.4% in Q4FY26: NITI Aayog

In Q4 FY26, India's overall trade grew by 5.4%, primarily driven by a surge in services exports which reached a trade surplus of $60.4 billion. This growth is significant as it indicates India's strengthening position as a leading global services exporter, even as merchandise exports faced a downturn. The narrowing gap between services and goods exports highlights the evolving dynamics of India's trade landscape, which is crucial for understanding economic strategies and policy implications.