Business

India's trade deficit narrowed in February, dragged down by a fall in gold and oil imports.India's trade deficit narrowed to $9.60 billion in February, dragged down by a fall in gold and oil imports, the trade ministry said in a statement on Friday.Trade deficit was $14.73 billion in January.In February, merchandise exports rose 2.44 per cent from a year earlier to $26.67 billion, while imports were down 5.41 per cent to $36.26 billion, data showed.Gold imports in February fell 10.81 per cent year-on-year to $2.58 billion, compared to $2.90 billion during the same month a year ago.(This story has not been edited by TheIndianSubcontinent staff and is auto-generated from a syndicated feed.)Get the latest election news, live updates and election schedule for Lok Sabha Elections 2019 on TheIndianSubcontinent.com/elections.

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