India’s goods trade deficit widens
NEW DELHI: India’s merchandise trade deficit widened to USD30.21 billion in September as the rise in imports outpaced that in exports, though a rise in outbound shipments and trade deals could narrow the balance over coming months. The trade gap has widened a...
NEW DELHI: India’s merchandise trade deficit widened to USD30.21 billion in September as the rise in imports outpaced that in exports, though a rise in outbound shipments and trade deals could narrow the balance over coming months. The trade gap has widened as Asia’s third-largest economy grapples with a prolonged Iran war that has made energy costlier, hurt shipments to the Middle East and battered markets. India r...