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Economy News

The Economic Times

Economy / The Economic Times

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India's trade gap shrinks in March, swells in FY26

India's trade deficit saw a reduction in March as the West Asia conflict disrupted trade flows. Exports and imports both declined, narrowing the monthly deficit. However, the overall trade deficit for the fiscal year widened. Despite challenges, India achieved record exports of $860 billion in FY26, showcasing resilience. Several free trade agreements are expected to boost future trade prospects.

16 Apr 2026 5:30 am