Trade Deficit Widens Amid Export Dip, Says RBI Governor Sanjay Malhotra
Bhubaneswar: Sanjay Malhotra, Governor of the Reserve Bank of India, has said that India’s merchandise exports witnessed a marginal contraction of 0.2% in the first two months of the year on a year-on-year basis, primarily due to weaker demand in key global markets. In contrast, merchandise imports registered a sharp increase of over 22%, largely…