January trade deficit widens to $16.30 bn; exports rise 9%

Paradip is a bulk cargo port that mainly handles thermal coal used by power plants on the east coast Photo: iStockJanuary trade deficit widened to $16.30 billion as against $9..9 billion in year-ago period, data from Commerce Ministry showed. Exports rose 9% to $24.38 billion while imports surged 26% to $40.68 billion in January.

Source: Business Standard