India’s merchandise exports projected to rise 3.64 pc in Q4 FY25. Exports excluding oil, gems, and jewellery are forecast to grow by 10.1 per cent to $98.5 billion. India’s trade deficit narrowed to $21.94 billion in December compared to the corresponding figure of $32.84 billion for November. The merchandise exports declined by 1 per cent in December 2024 from $38.39 billion in the same month of the previous year while imports rose by 4.8 per cent from $57.15 billion in Dec. 2023. The trade gap widened on a year-on-year basis to $18.76 billion inDec 2023 from $17.76billion in Dec 2023, according to the Export-Import Bank of India (Exim Bank) Gopi Adusumilli is the editor of SocialNews.XYZ and President of AGK Fire Inc. He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources. His future plans include developing Social news into a News website that has no bias or judgment towards any.
