Double boost for economy: Record exports, forex reserves up
India, Nov. 13 -- Indian economy got a double boost on Friday, with "highest-ever" monthly exports worth $89.99 billion and forex reserves increasing by $2.49 billion to $719.547 billion, indicating robust growth despite global headwinds.
With a healthy jump in exports, the trade deficit also narrowed to $20.09 billion, Commerce Secretary Rajesh Aggarwal said. India's overall shipments, including merchandise and services, jumped 29.9 per cent to record the country's "highest ever" monthly export value of $89.99 billion in October, he said.
The country's exports - including merchandise and services - stood at $69.27 billion in the same month last year. India's trade deficit in October 2025 stood at $25.15 billion.
India's imports rose t...
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