Abhishek Upadhyay of ICICI Securities PD on trade tensions

Commerce ministry data shows merchandise exports dropped 9 percent and import are also down 10 percent in June. Abhishek Upadhyay, senior economist at ICICI Securities Primary Dealership and Sharad Kumar Saraf, President of the Federation of Indian Export Organizations (FIEO) decoded these numbers and spoke at length about how painful and how not so painful they are.