India, Jan. 15 -- India's trade deficit widened a little last month amid data that showed US exports actually increased in the ongoing fiscal despite 50% tariffs.

Exports rose to $38.51 billion in December from $38.13 billion in November. The imports increased to $63.55 billion from $62.66 billion. That equated to a trade deficit of $25.04 billion, versus $24.53 billion in the month prior.

"US exports have grown on-year in the first nine months of the (fiscal) year," India's Commerce Secretary Rajesh Agrawal said. India is on track to clock total exports of more than $850 billion in the fiscal ending 31 March 2026.

Meanwhile, India's services continued to be a trade surplus-$35.50 billion in exports versus $17.38 billion in imports. Th...