Indias merchandise trade deficit widened to $31.98 billion in July from $30.43 billion in June, exceeding economists estimate of $30.20 billion, according to a Reuters poll. Merchandise exports rose to $44.24 billion from $40.41 billion in June, but imports increased more sharply to $76.22 billion from $70.84 billion.

Indias merchandise trade deficit widened to $31.98 billion in July from $30.43 billion in June, exceeding economists estimate of $30.20 billion, according to a Reuters poll.…

India's July exports rose 19.63% to $44.24 billion, while trade deficit widened to $31.98 billion amid rising imports.