India's trade deficit widens to $27.98 billion in August: Govt

India's merchandise trade deficit widened to $27.98 billion in August 2022 from $11.71 billion a year earlier, revised data released by the government showed on Wednesday. The country's merchandise exports rose to $33.92 billion in August from $33.38 billion in the same period last year. Meanwhile, India's imports rose to $61.90 billion in August from $45.09 billion last year.