Exports rise by 12.4 per cent in May: report

Mumbai: India's exports rose 12.4 per cent in May over the previous year - the sharpest rise in 6 months - helped by a weaker rupee, government data showed on Wednesday.

Exports in May reached $28 billion, data released by the Ministry of Commerce and Industry showed. However, the trade deficit stood at $11.23 billion, up from $10.09 billion in April.