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India's trade deficit narrows to $9.8 bln in January

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Reuters NEW DELHI
Last Updated : Feb 15 2017 | 6:08 PM IST

NEW DELHI (Reuters) - India's foreign trade deficit narrowed to $9.84 billion in January from a provisional $10.4 billion a month ago, government data showed on Wednesday.

Merchant exports grew 4.32 percent year-on-year to $22.12 billion last month, while imports rose 10.7 percent to $31.96 billion, the Ministry of Commerce and Industry said in a statement.

(Reporting by Manoj Kumar and Rajesh Kumar Singh; Editing by Malini Menon)

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First Published: Feb 15 2017 | 5:59 PM IST

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