The government is hopeful that exports in January will help close the trade gap, Commerce Minister Anand Sharma said on Wednesday.
Data released separately showed exports were up 0.8 percent in January while imports rose 6 percent. The trade deficit in January stood at $20
billion.
Sharma said gold imports are a matter of concern and a balanced approach is needed towards gold import duty.
Source:
© Copyright 2025 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
Data released separately showed exports were up 0.8 percent in January while imports rose 6 percent. The trade deficit in January stood at $20