India's trade deficit widens in March, touches $139 bln in 2013/14

Source : REUTERS
Last Updated: Fri, Apr 11, 2014 08:58 hrs
An employee arranges Indian currency notes at cash counter inside a bank in Agartala

India's trade deficit widened in March on lower exports, increasing pressure on the country's current account balance.

The trade deficit stood at $10.51 billion in March, up from $8.13 billion in February, the data released by the Ministry of Commerce and Industry showed on Friday.

For the full 2013/14 fiscal year, the trade deficit stood at $138.59 billion compared with $190.34 billion in the previous year.

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