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Trade deficit led by electronics import, digital service outflow weakening rupee: BDIA President

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Trade deficit led by electronics import, digital service outflow weakening rupee: BDIA President

New Delhi, May 20 (PTI) Surging electronics imports and payments for foreign digital services are widening India's trade deficit alongside crude oil, pushing the rupee to all-time lows, a top official of the industry body for sovereign digital firms, BDIA, said on Wednesday. Bharat Digital Infrastructure Association (BDIA) President Piyush Somani told reporters that digital drain, a combination of money…

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