https://www.taxtmi.com/news?id=74825 Merchandise exports increased sharply in August, led by petroleum product shipments, while imports also rose year-on-year. Reduced gold imports contributed to a narrower merchandise trade deficit. During the first five months of the fiscal year, the cumulative deficit widened as higher imports reflected domestic expansion, energy requirements and manufacturing-input demand. Energy commodities and electronic goods were principal contributors to the deficit, while export growth was supported by engineering goods, petroleum products, chemicals and textiles. en-us Tue, 15 Sep 2026 18:31:02 +0530 Tue, 15 Sep 2026 18:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=74825 Merchandise exports increased sharply in August, led by petroleum product shipments, while imports also rose year-on-year. Reduced gold imports contributed to a narrower merchandise trade deficit. During the first five months of the fiscal year, the cumulative deficit widened as higher imports reflected domestic expansion, energy requirements and manufacturing-input demand. Energy commodities and electronic goods were principal contributors to the deficit, while export growth was supported by engineering goods, petroleum products, chemicals and textiles. News - Tue, 15 Sep 2026 18:31:02 +0530 https://www.taxtmi.com/news?id=74825