India's exports rose for the second consecutive month in February, giving some succor for the government on the current account deficit front as well as fuelling hopes that this could be the beginning of a new growth phase.Exports from the country grew 4.25% in February, mainly because of a recovery in exports to the European Union and in sectors such as engineering and refined oil. Merchandise exports stood at $26.26 billion dollars (about 1.43 lakh crore), compared with $25.19 billion in the comparable year-ago period. After eight months of contraction, exports had turned positive in January, growing 0.82%.

Source - http://economictimes.indiatimes.com