India’s July trade deficit widened to $31.02 billion, pushed by an increase in crude oil and coal imports, from $10.63 billion a 12 months earlier, a authorities official stated on Tuesday.
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July’s merchandise imports rose to $66.26 billion, whereas exports rose at a slower tempo to $35.24 billion, B V R Subrahmanyam, commerce secretary, instructed reporters whereas sharing preliminary information compiled by the Ministry of Commerce and Industry.
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(This story has not been edited by Business Standard employees and is auto-generated from a syndicated feed.)
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