https://www.taxtmi.com/news?id=73761 June merchandise trade data shows export growth alongside a stronger rise in imports, leading to a wider trade deficit. Exports increased by 15.5 per cent to USD 40.41 billion, while imports rose by about 31 per cent to USD 70.84 billion, taking the deficit to USD 30.43 billion. For April-June, exports and imports both increased, with import growth linked to crude oil, electronics, machinery, and precious metals. Gold imports also rose in the first quarter, and exports to West Asian countries recorded moderate growth in June. en-us Mon, 13 Jul 2026 15:16:04 +0530 Mon, 13 Jul 2026 15:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73761 June merchandise trade data shows export growth alongside a stronger rise in imports, leading to a wider trade deficit. Exports increased by 15.5 per cent to USD 40.41 billion, while imports rose by about 31 per cent to USD 70.84 billion, taking the deficit to USD 30.43 billion. For April-June, exports and imports both increased, with import growth linked to crude oil, electronics, machinery, and precious metals. Gold imports also rose in the first quarter, and exports to West Asian countries recorded moderate growth in June. News - Mon, 13 Jul 2026 15:16:04 +0530 https://www.taxtmi.com/news?id=73761