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India reports record merchandise trade deficit for October at $31.46 bn

Merchandise exports stood at $33.57 billion, while imports shot up to $65.03 billion, compared with exports of $31.60 billion and imports of $57.91 billion in October last year, government data showed. ....

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India's exports decline by 17% to $29.78 bn in October; trade deficit widens to $ 26.91 bn

Key export sectors, including gems and jewellery, engineering, petroleum products, ready-made garments of all textiles, chemicals, pharma, marine products, and leather, recorded negative growth during October.

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