India’s trade deficit widens to $29.65 billion, exports fall by a massive 9.3% year-on-year

India’s trade deficit has increased in August due to increased imports and decreased exports. Overall, the trade deficit has increased to $29.65 billion. Whereas in July it was $23.5 billion. The Commerce Ministry has given this information in a press briefing. Big drop in exports Exports declined by 9.3% (YoY) in August to $34.7 billion. … Read more

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