Trade deficit hits new record high of $31 billion in July, exports fall 12% MoM - Moneycontrol

For April-July as a whole, the merchandise trade deficit now stands at $100.01 billion, sharply up from $42.07 billion for the first four months of FY22.

India's merchandise trade deficit jumped to a new record high of $31.02 billion in July, Commerce Secretary BVR Subrahmanyam said on August 2. The previous record high was set in June, when the trad… [+3132 chars]

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