India's trade deficit widens to $20.98 billion

July 15, 2024 23:15

According to the government data released on Monday, imports rose about 5 per cent to $56.18 billion in June due to the increase in inbound shipments of crude oil, pulses, and electronic goods.

The trade deficit, or the gap between imports and exports, during June 2023 was $19.19 billion.

India's merchandise exports grew 9.1 per cent to $38.13 billion in May, even as the trade deficit widened to a seven-month high of $23.78 billion. -- PTI

« Back to LIVE

TOP STORIES

Heavy rains lash Mumbai; railway, bus transport hit

Incessant rain with intermittent heavy spells led to waterlogging on some roads and railway tracks, slowing down the public transport services.

India's long history of near misses at the Olympics

India's tryst with fourth-place Olympic heartbreaks

Airlines report disruption in operations due to Microsoft outage

Microsoft users globally, several in India, have reported massive outages in services, with outage tracking website Downdetector showing users flagging disruptions across various services. Globally, the Microsoft cloud outage led to US...

SC dismisses Bilkis Bano's rapists plea against remission

A bench of Justices Sanjiv Khanna and Sanjay Kumar termed the plea as "absolutely misconceived" and said how can it sit in appeal over an order passed by another bench of the apex court.

Is Shraddha Getting Married? She Answers

The media asks Shraddha an important question.