India's trade deficit at 9-month high of $8.3bn in Sep
According to data released by the Commerce Ministry, India's trade deficit stood at $8.33 billion in September, registering its highest level in nine months. This came despite a 4.62% rise in exports to $22.9 billion during the period under review, amid strong growth in sectors like engineering, and gems and jewellery. Further, India's imports contracted 2.54% to $31.22 billion. 