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India's trade deficit narrows to $26.86 bn in August from $27.2 bn a year earlier
Exports climbed 26.1% to $43.81 billion as imports grew more slowly, narrowing the merchandise trade deficit to about $26.9 billion, officials said.
- India's merchandise trade deficit narrowed to $26.86 billion in August, the Ministry of Commerce and Industry reported on Tuesday, significantly beating the $32 billion deficit economists had anticipated.
- Exports rose 26.1% to $43.81 billion while imports grew 14.1% to $70.67 billion, Commerce Secretary Rajesh Agarwal said, driven by demand from the European Union and emerging markets.
- Describing the performance as a "herculean feat," Prime Minister Narendra Modi highlighted resilience despite oil shocks, supply-chain disruptions, and global uncertainty affecting the economy.
- Oil surged past $107 a barrel as wholesale inflation accelerated to 9.92% in August, continuing to threaten India's import bill and economic stability.
- Amid Middle East instability, India is diversifying export markets through a trade deal with Britain now in force and a broader pact with the European Union moving toward implementation.
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India’s Trade Deficit Narrows to $ 9.41 Bn in August as Exports Surge 25%
Get latest articles and stories on Business at LatestLY. India's trade deficit narrowed to US$ 9.41 billion in August 2026 from US$ 11.62 billion a year ago, even as both exports and imports saw a sharp surge, signalling robust external trade activity coupled with improved trade balance. Business News | India’s Trade Deficit Narrows to $ 9.41 Bn in August as Exports Surge 25% .
·Mumbai, India
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India Trade Deficit Narrows in August Even as Oil Risks Loom
·New York, United States
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The Economic TimesReposted by 
Times of India
Times of IndiaIndia's trade deficit narrows to $26.86 bn in August from $27.2 bn a year earlier
Indias merchandise trade deficit narrowed marginally to $26.86 billion in August from $27.2 billion a year earlier, as exports rose 26.1% to $43.81 billion while imports grew 14.1% to $70.76 billion.
·Mumbai, India
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Total News Sources15
Leaning Left0Leaning Right5Center3Last UpdatedBias Distribution62% Right
Bias Distribution
- 62% of the sources lean Right
62% Right
C 38%
R 62%
Factuality
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