NEW DELHI: India’s merchandise exports rose for the seventh straight month in June to US$32.50 billion, up 48.34per cent from a year earlier, revised trade data released by government showed on Thursday.
Imports in June rose 98.31per cent to US$41.87 billion, driven by a rise in oil and gold imports, resulting in a trade deficit of US$9.37 billion, a statement from the Ministry of Commerce and Industry said.
(Reporting by Manoj Kumar; Editing by Kevin Liffey)
Source: Reuters
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