October trade deficit widens to $17 bn even as exports rise 18%
India's October trade deficit widened to $17.13 billion compared with $14.61 billion in the same month last year. The country's exports rose by 17.86% to $26.98 billion in October while imports increased by 17.62% to $44.11 billion. The value of oil imports in October totalled $14.21 billion, up 52.64% from a year earlier.