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India's trade deficit widened in October, driven by higher imports and marginal dip in exports. The combined trade deficit was $21.8 billion last month, compared to $9.05 billion in the same period last year, as per data released by the government on Monday.

Exports dipped from $73.4 billion in October 2024 to $72.9 billion last month. Imports jumped to $94.7 billion to $82.4 billion.

The government attributed the rise in deficit to higher gold imports during the festive season, despite high prices.

"Gold imports have seen additional $9.8 billion this year. Silver imports have also grown. Combining these two give us additional trade deficit. On cumulative basis, we're

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