From The New Indian Express
Owned by Express Publications (Madurai) Ltd.India's exports up 29.9% to record $89.99 bn in October; trade deficit narrows
What's behind this
India’s merchandise exports rose sharply in October, with Hindustan Times reporting a 45 % increase to a record $49.47 billion, while The Pioneer said monthly exports reached a “highest‑ever” $89.99 billion. Hindustan Times also noted imports grew 16.51 % to $89.35 billion. The Pioneer added that the surge helped narrow the trade deficit to about $20.09 billion and lifted foreign‑exchange reserves by $2.49 billion to $719.547 billion, indicating robust growth despite global headwinds.
AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.
RSS excerpt
NEW DELHI: India's overall shipments, including merchandise and services, jumped 29.9 per cent to record the country's "highest ever" monthly export value of USD 89.99 billion in October, Commerce Secretary Rajesh Agrawal said on Friday, while the trade deficit narrowed to USD 20.09 billion, as per…