New Delhi, March 30 -- Indias external sector is facing mounting pressures amid a volatile global environment, with weakening exports, rising imports, and capital flow volatility contributing to widening imbalances, according to the Finance Ministrys Monthly Economic Review for March 2026.
The report highlighted a marginal decline in merchandise exports, which fell by 0.8 percent year-on-year, reflecting subdued global demand and persistent uncertainties. In contrast, imports grew sharply by 24.1 percent, leading to a significant expansion in the trade deficit, reported ANI.
The surge in imports was largely attributed to a sharp increase in gold and silver imports, which placed additional strain on the trade balance. As a result, Indias...
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