India's merchandise trade deficit widens to $30.21 billion in September
India's merchandise trade deficit widened to $30.21 billion in September, up from $26.86 billion in August. Exports grew 18.51% year-on-year to $259.89 billion, while imports rose 16.31% to $437.53 billion, contributing to a cumulative trade deficit of $177.64 billion for FY27. Analysts note that strong export growth is vital for India's economic stability amid rising energy prices.