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According to the data provided by the Department of Commerce & Industry, the value of goods exported from India fell to a nine-month low at $32.25 billion in July, witnessing a 15.9 per cent contraction as external demand continued to remain sluggish due to factors including a slowdown and high inflation in developed economies. Imports also contracted by 17 per cent to $52.92 billion in July. The trade deficit narrowed to $20.67 billion in July from $25.45 billion a year ago but widened from $18.76 billion in June. On the brighter side, services exports witnessed 12 per cent growth at $27.17 billion in July. Services imports grew at a relatively slower pace, at 5.6 per cent, reaching $14.85 billion, resulting in a surplus of $12.32 billion.
The first India Stack Developer Conference held in ____?
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How many statements regarding the diplomatic missions between India and Albania is/are not correct?
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What is Hero MotoCorp's ambitious goal for water conservation by 2025?
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What is one of the key aims of the Critical Minerals Mission introduced in India’s 2024 Budget?
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What significant milestone did IREDA achieve in its annual financial results for FY 2023 - 24?
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