India trade deficit narrows to $18.78 billion in June amid soft imports flat exports
India’s trade deficit eased to $18.78 billion in June 2025, a notable improvement from $21.88 billion in May, according to the latest data released by the Ministry of Commerce and Industry on Tuesday. The contraction in the trade gap was driven primarily by a decline in imports, which fell by 3.71% year-on-year to $53.92 billion…