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India's April trade deficit widens to $13.25 billion

Reuters  |  NEW DELHI 

(Reuters) - India's widened for the second straight month in April to $13.25 billion, on the back of higher and gold imports, compared with $10.44 billion in the previous month, showed on Monday.

Merchandise exports rose 19.77 percent to $24.64 billion in April from a year earlier, while rose 49.07 percent to $37.88 billion, statement issued by the Ministry of Commerce and Industry showed.

(Reporting by Manoj Kumar and Rajesh Kumar Singh; Editing by Malini Menon)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)