India’s export growth slid to a four-month low of 0.64% in April as shipments of engineering goods, gems and jewellery, leather and other products declined, widening the trade deficit to a five-month high, official data released Wednesday showed.
Imports increased by 4.5% to $41.4 billion, the highest in the last six months as crude oil and gold shipments shot up during this month.
Merchandise exports stood at $26 billion in April while imports at $41.4 billion, leading to a trade deficit of...
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