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If the recent government figures are taken into account, India's merchandise exports grew year-on-year by 23 per cent to $10.57 billion in April, the first month of the present financial year but on the other hand imports grew by as 40.7 per cent over the same period. This has widened the trade deficit by as much as 79 percent.

New Delhi, India: With more than 35 big-ticket foreign funds having alreadychecked into the real estate sector India, global realtors, banks and bondhouses from New York to Jerusalem are suddenly finding the opportunity toinvest in India irresistible.