23-August-2026
Economy News
 
India's goods trade deficit hits 6-month high as imports rise amid Middle East conflict
22-Aug-2026

India's merchandise trade deficit widened more than expected to a six-month high of $31.98 billion in July, as the Middle East war drove up the country's oil import bill and global freight rates. The data underscores the growing pressure on India's external balance, as a wider trade gap weighs on the rupee and capital inflows.

News Source:- https://economictimes.indiatimes.com/small-biz/trade/exports/insights/indias-goods-trade-deficit-hits-6-month-high-as-imports-rise-amid-middle-east-conflict/articleshow/133417725.cms
 
 
 

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