Mumbai, Sept. 1 -- Reserve Bank of India (RBI) stated in a latest update that India's services import is zooming. In July 2026, services exports stood at US$ 38253 million, up 13.4% on year while services imports spiked by 19.1% on year to US$ 20606 million. Services exports has edged up around 3.30% compared to April 2026 while imports have spiked around 11.90%, reporting a sharp pick-up in payments for service imports.

Published by HT Digital Content Services with permission from Capital Market....