According to figures issued by the commerce department, India's trade deficit fell to a nine-month low of $17.5 billion in January as exports increased 3% to $36.9 billion, while imports increased by the same amount to $54.4 billion. In recent weeks, govt has sought to ensure that there is adequate credit available to exporters and insurance premium through Export Credit Guarantee Corporation does not rise despite the tension.
- News Source Indiatimes (Click to view full news): CLICK HERE
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