Trade deficit narrows to $26.86 bn in August

India’s merchandise trade deficit narrowed marginally to $26.86 billion in August from $27.2 billion a year earlier, Commerce Secretary Rajesh Agarwal said on Tuesday.India’s merchandise exports rose 26.1% year-on-year to $43.81 billion in August, while imports grew 14.1% to $70.76 billion, narrowin