Exports jumped again to $29.2 bln for June and Year to date numbers for Fy2012 inched to $100 bln for India as the trade deficit for June came to as low as $7.66 bln despite Oil imports of over $10.18 bln

The headline for this series remians unchanged after India's deficit jumped and RBI bumped up interest rates by 100 bps in the last two actions in this fiscal.   

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