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via thehindubusinessline.comEconomy

India exports hit record $90B in October; trade deficit rises to $39.88B

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

India’s exports hit a record $89.9 billion in October, while the merchandise trade deficit widened to $39.88 billion amid higher imports.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA wider Indian trade deficit driven by higher imports is a relevant macro data point.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01India's exports hit a record $89.9 billion in October.
  2. 02The merchandise trade deficit widened to $39.88 billion.
  3. 03The deficit widened due to higher imports.

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