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Tuesday, March 2, 2010

January exports up 11.5% at $14.3 bn

ndia's exports rose an annual 11.5 percent in January to $14.3 billion, the third consecutive rise after 13 straight months of decline, the government said on Tuesday. Imports rose 35.5 percent from a year earlier to $24.7 billion. The trade deficit stood at $10.4 billion in January compared with $5.4 billion a year earlie.

Exports for April-January, the first 10 months of the 2009/10 fiscal year, were down 17.8 percent at $131.9 billion from the same period in the previous year.

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