Goods trade crosses $1tn on record exports, imports

India’s goods trade topped $1 trillion for the first time as exports grew at the fastest pace since at least 1989-90 to a record $418 billion, while imports scaled the $610-billion mark, also an all-time high. As a result, the trade deficit would work out to $192 billion, based on the preliminary estimates available with the commerce department.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/d3pl4Sv