Team Blitz India
NEW DELHI: India’s merchandise trade deficit widened to a 10-month high of $24.16 billion in August, as imports surged due on account of festive buying in India. The trade deficit was up almost 17 percent over July’s $20.67 billion gap between goods exports andimports of the country were recorded at an 8-month high, with India importing products worth $58.6 billion in August.