India's trade deficit widens to 30-month high at $13.84 bn
India's trade deficit further widened to $13.84 billion in May, its highest in two-and-a-half years, on higher gold imports, government data showed on Thursday. This was against a trade deficit of $13.25 billion in April. Additionally, this was also the ninth consecutive month of rise in exports, with 21 out of 30 sectors showing an increase in exports.