Exports rise for 3rd straight month in Feb, gold imports surge

03/15/2021

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Kirtika Suneja | ET

India’s exports grew for the third straight month in February with total outbound shipments rising 0.65% last month, slower than the 6.16% growth seen in January. 

However, gold imports surged almost 124% on-year, leading to a 7% rise in overall imports and widening the country’s trade deficit to $12.62 billion from $10.16 billion in the year ago period, provisional data released by the commerce and industry ministry on Monday showed. 

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