Why India’s exports jumped 26% in August

India's goods exports surged 26% in August, reaching $43.81 billion, driven by a 21% increase in shipments to the US, totaling $8.3 billion. This rise is attributed to reduced tariffs and a 10% depreciation of the rupee. The trade deficit is expected to improve as import growth lags behind exports, with gold imports notably declining.

Read the source (Indian Express Business)

More from News Studio