New Delhi, April 16 -- India's goods and services exports hit a record $860 billion in 2025-26, backed by a 1% rise in merchandise exports despite global disruptions, even as higher imports widened the trade deficit. Releasing the full-year trade data, commerce secretary Rajesh Agrawal said total exports stood at $860.09 billion, about $35 billion higher than $825.26 billion in 2024-25-a 4.22% increase. Merchandise exports grew 1% year-on-year to nearly $442 billion in FY26. "Because of the support of industry, we have been able to achieve $860.09 billion of total exports for 2025-26," Agrawal said. The overall exports figure includes provisional services data for March, as the Reserve Bank of India releases services data with a lag. Offici...