India’s exports dip 2% to $ 300 b in 2012/13

Reuters: India’s exports fell 1.76% to $ 300.6 billion in the fiscal year 2012/13, the first decline since 2009/10 and a driver of a record current account deficit. The 2012/13 trade deficit was about $ 191 billion, Trade Minister Anand Sharma said on Thursday, up from $ 185 billion the year before.