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Exports rise by 12.4 per cent in May: report

India’s exports experienced sharpest rise in 6 months

Mumbai: India's exports rose 12.4 per cent in May over the previous year - the sharpest rise in 6 months - helped by a weaker rupee, government data showed on Wednesday.

Exports in May reached $28 billion, data released by the Ministry of Commerce and Industry showed. However, the trade deficit stood at $11.23 billion, up from $10.09 billion in April.

( Source : reuters )
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