September 11, 2013 10:21 AM

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Exports up by 12.97 % in Aug narrowing trade deficit to $10.9 bn

India's exports grew by 12.97 per cent to 26.14 billion US dollars last month, as compared to the level of 23.14 billion US dollars during the same period last year. Briefing reporters about the trade data in New Delhi yesterday, Commerce and Industry Minister Anand Sharma said that imports declined 0.68 per cent to 37.05 billion dollars in August 2013. He said, trade deficit narrowed to 10.9 billion in August from 14.7 billion in the corresponding month last fiscal.Giving gold imports data, the Minister said that its imports dipped to 0.65 billion US dollars in August from 2.2 billion US dollars in July this year.

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