https://www.taxtmi.com/news?id=71578 Merchandise exports declined 0.81% to USD 36.61 billion in February while the trade deficit narrowed to USD 27.1 billion month on month. Imports rose sharply-led by gold, silver, and oil-contributing to a wider year on year gap. Geopolitical conflict in West Asia has disrupted maritime and air logistics, raising freight and insurance costs and expected to suppress March exports. The government is consulting exporters to mitigate impacts, and a prospective bilateral trade pact awaits a new tariff architecture. en-us Mon, 16 Mar 2026 17:16:03 +0530 Mon, 16 Mar 2026 17:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71578 Merchandise exports declined 0.81% to USD 36.61 billion in February while the trade deficit narrowed to USD 27.1 billion month on month. Imports rose sharply-led by gold, silver, and oil-contributing to a wider year on year gap. Geopolitical conflict in West Asia has disrupted maritime and air logistics, raising freight and insurance costs and expected to suppress March exports. The government is consulting exporters to mitigate impacts, and a prospective bilateral trade pact awaits a new tariff architecture. News - Mon, 16 Mar 2026 17:16:03 +0530 https://www.taxtmi.com/news?id=71578