Business

India’s trade deficit hit $ 18.51 billion in March


India’s trade deficit reached $ 18.5 billion in March

NEW DELHI:

India’s trade deficit in March was $ 18.51 billion, data released by the government showed on Wednesday.

India’s merchandise exports rose nearly 20 percent to $ 42.22 billion, while imports rose 24 percent to $ 60.74 billion.

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