In February, India's trade deficit expanded to $18.71 billion, rebounding from a nine-month low in the previous month, according to government data released on Friday. Merchandise imports surged 12.2% year-on-year to $60.11 billion, while exports rose 11.9% to $41.4 billion, compared to January's figures of $54.4 billion and $36.9 billion, respectively.
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