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India’s trade deficit surges 675% on high imports; exports up 21%

India’s merchandise exports jumped 21.35 per cent to $33.44 billion in September on a year-on-year basis, mainly due to better performance by key sectors like engineering goods and petroleum products, according to preliminary data released by the government on Friday.   In September, merchandise imports stood at $56.38 billion, an increase of 84.75 per cent