India's trade deficit widens to $14.25 billion in September

 India's trade deficit widened to $14.25 billion in September following a jump in oil and gold imports, government data showed on Tuesday.

The deficit stood at $10.84 billion in August.

Merchandise imports surged nearly 26 percent last month year-on-year to $43.2 billion. Exports, meanwhile, grew a tepid 2.73 percent on year to $28.9 billion.

Gold imports in the month under review increased manifold to $ 3.75 billion compared to $682.5 million in same month last year.