Daily Times

India’s trade deficit in goods was $15.10 billion in April, revised trade data released by the government on Friday showed. Merchandise exports rose to $30.63 billion in April from $10.36 billion a year earlier, while imports rose to $45.72 billion from $17.12 billion, the data showed. The sharp rise in exports and imports seen in April was due to a low base in trade volumes in the same period last year as the country was put under a national lockdown to contain the spread of coronavirus.