https://www.taxtmi.com/news?id=61906 India's merchandise exports fell 11.8% to USD 34.38 billion in October while the trade deficit hit a record USD 41.68 billion, driven by a surge in gold and silver imports and contractions across major export sectors. The decline is linked to external pressures including the imposition of 50 per cent tariffs by the US and subdued global demand, prompting calls for enhanced export support, faster benefits disbursement, improved credit access, and reduced compliance to bolster competitiveness. en-us Mon, 17 Nov 2025 22:16:03 +0530 Mon, 17 Nov 2025 22:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=61906 India's merchandise exports fell 11.8% to USD 34.38 billion in October while the trade deficit hit a record USD 41.68 billion, driven by a surge in gold and silver imports and contractions across major export sectors. The decline is linked to external pressures including the imposition of 50 per cent tariffs by the US and subdued global demand, prompting calls for enhanced export support, faster benefits disbursement, improved credit access, and reduced compliance to bolster competitiveness. News - Mon, 17 Nov 2025 22:16:03 +0530 https://www.taxtmi.com/news?id=61906