Deficit widens 31.5% to $15bn in July; electronics exports surge 11-fold
Deficit widens 31.5% to $15bn in July, electronics exports surge 11-fold India’s trade gap widened in July as imports grew faster than exports, with the combined merchandise and services deficit rising 31.5% year-on-year to $15.03 billion, according to data released by the commerce ministry.Exports of goods and services rose 13.3% to $80.14 billion in July…