India's February trade deficit widens to $12.88 bn, imports up 7%

- Merchandise exports fell 0.25% in February from a year earlier to $27.67 billion, while imports were up 6.98% to $40.55 billion, the data showed
- April-February exports are down 12% at $255.9 billion while imports in the same period is down 23% at $340.88 billion, the state showed