Profit

Trade deficit likely to be all-time high at $135 bn in FY''11‎

PUBLISHED ON: September 15, 2010 | Duration: 1 min, 53 sec

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India's trade deficit has swelled to $13 billion, the highest in the last 23 months. The rise in imports is not surprising given the strong industrial growth we are seeing. But with exports not managing to keep pace due to the global overhang, the deficit by the end of the year may become unmanageable.
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