India's trade deficit nearly doubles to $87.2 bn in FY18
India's trade deficit has nearly doubled to about $87.2 billion in 2017-18 compared to the previous financial year. The gap between imports and exports was at $47.7 billion in the year-ended March 2017. The imports during the last fiscal were at $565.32 billion while the exports were at $478.15 billion, according to data released by the Commerce Ministry.