Trade monitor: India’s June merchandise trade deficit narrows to $18.78 billion, services surplus stays strong – Times of India
India’s merchandise trade deficit shrank to $18.78 billion in June, lower than both market expectations and the previous month’s gap, driven by a decline in both exports and imports, according to data released by the Ministry of Commerce & Industry on Tuesday.In a poll by Reuters, economists had pegged the June trade deficit at $22.24…
