Deficit Narrows

India Trade Deficit Narrows In February 

India Trade Deficit Narrows In February 

India is experiencing a reduction in the merchandise trade deficit in February because import levels declined compared with January, providing temporary support for the nation’s international trade balance until geopolitical conflicts disrupt worldwide shipping operations. The February deficit decreased to $27.1 billion, while January’s deficit was $34.68 billion, according to the Commerce minister’s report.  The…