KOLKATA, Nov 22: India’s merchandise exports fell 11.8 per cent year-on-year, since August 2024, to USD 34.38 billion in October, Crisil said in its report.This follows a 50 per cent increase in US tariffs on August 27 this year, a move that has subdued exports for the second month in a row, the report said.The decline in exports was broad-based across petroleum products, gems and jewellery and core sectors.Petroleum products exports declined 10.4 %year-on-year in October, compared to a growth of 15.1 %in September. Similarly, core exports slipped to 10.2 per cent compared to 6.1 % growth in September 2025, the report said. (PTI)






