India’s exports rise 18% in May; trade deficit at $28.2 billion

India’s merchandise exports grew 18% year-on-year to $45.2 billion in May, while imports rose 20.62% to $73.41 billion, resulting in a trade deficit of $28.21 billion, according to commerce ministry data, reported PTI.The strong performance also lifted cumulative merchandise exports during April-May 2026-27 to $88.91 […]