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India’s trade deficit widens to four-month high in March

LiveMint logoLiveMint 13-04-2017 Manoj Kumar

New Delhi: India’s trade deficit widened to a four-month high of $10.44 billion in March following a surge in merchandise imports, government data showed on Thursday.

Merchandise exports last month grew 28% to $29.23 billion, the ministry of commerce and industry said in a statement.

Imports, however, surged 45.25% on year to $39.67 billion in March. Reuters

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