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Exports rise to 6-month high of 18 pc in May; trade deficit widens to USD 28.21 bn
New Delhi, Jun 15 (PTI) India’s exports climbed to a six-month high of 18 per cent to USD 45.2 billion in May, while trade deficit widened to USD 28.21 billion, driven by increased imports of petroleum products amid higher crude oil prices. However, the trade deficit narrowed marginally on a month-on-month basis compared to USD […]
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economictimes.indiatimes.com
India's trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blow
India's trade deficit saw a slight reduction in May. A recent US-Iran agreement is bringing welcome relief. This deal is expected to stabilize shipping through the Strait of…
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thehindubusinessline.com
Exports up 18% to $45.2 billion in May
Imports, too, grew 20.62% to $73.41 billion in May, leaving a trade deficit of $28.21 billion.
