Higher gold imports, low exports weigh as India's trade deficit widens to $19.1 billion

India's merchandise trade deficit widened to $19.1 billion in April, surpassing a Reuters poll estimate of $17.23 billion. March saw a deficit narrowing to an 11-month low of $15.6 billion. Exports marginally rose by 1.06% to $34.99 billion, while imports surged 10.3% to $54.09 billion. Oil imports amounted to $16.46 billion. Gold imports doubled to $3.11 billion.
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