India’s trade deficit narrows to Rs. 1.82 lakh crore in May as non-oil exports rise
India’s trade deficit narrowed to Rs. 1.82 lakh crore in May, down from Rs. 2.20 lakh crore in April, as non-petroleum exports showed strong growth and imports declined slightly, according to data released by the Ministry of Commerce and Industry on Monday. Merchandise exports in May stood at Rs. 3.23 lakh crore, marginally lower than…