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المشهد العربي
India's trade gap reaches 6-month high
India experienced a significant rise in its trade deficit during July, reaching $31.98 billion—the highest in six months. This increase is attributed to higher oil import bills and increased shipping costs due to the conflict in the Middle East. At the same time, exports hit a record high of $44.24 billion, a 15% increase since April, while imports rose to $76.22 billion, reflecting growing demand for Indian goods in global markets.
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