India’s Nov trade deficit narrows to $12.12b
India’s trade deficit narrowed to $12.12 billion in November from $17.58 billion a year ago, the trade ministry said on Friday.
Oil imports fell 18.17 percent to $11.06 billion in November from $13.52 billion in the year-ago period.
Merchandise exports fell 0.34 percent to $25.98 billion in November, compared with a year earlier, while imports were down 12.71 percent at $38.11 billion, the data showed.
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