Tag: exports

India’s exports decline for fifth straight month in December, trade deficit narrows

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NEW DELHI : India’s merchandise exports shrank 1.8% in December, falling for the fifth straight month, while the trade deficit narrowed to $11.25 billion from a year ago, helped by lower oil imports, the Trade Ministry said in a statement said on Wednesday.Merchandise exports fell to $27.36 billion in December compared with a year earlier,…