India's Surging Exports Amid Widening Trade Deficit

2023 • 7min • News • Business


Published On: November 16, 2023 - On the heels of rising gold and oil prices, the trade deficit rose to a record-high in October. In addition, the country witnessed an increase of 6.3% in goods exports during the same month. Consequently, the trade deficit reached a level of $31.4 billion, surpassing the prior record of $30 billion set in July 2022. Watch News9’s Shweta Kothari and Kartik Malhotra for more details.