Government data shows India’s exports jumped by 13 percent to $26.14 billion in August, while imports declined marginally, helping to contain trade deficit at $10.9 billion.
India’s exports jumped by 13 percent to $26.14 billion in August, while imports declined marginally, helping to contain trade deficit at $10.9 billion, government data showed on Tuesday.
Exports had increased by 11.64 percent to $25.83 billion in July.
Addressing a media briefing, Commerce and Industry Minister Anand Sharma said the trade deficit has declined largely due to lower imports of gold.
Trade deficit was recorded at $12.27 billion in July.
-IANS
