India’s trade deficit narrows by 9.4% in Q1 on booming services exports

Within the total exports, India’s services exports drove the growth; services exports rose to $98.1 billion in the first quarter of this financial year, up nearly 11% from the $88.5 billion seen in the same quarter of 2024-25; merchandise exports, however, grew 2% in the April-June 2025 quarter to $112.2 billion

Economy