Tag: gold imports
Posted in Economy
India’s current account deficit expected to rise to 1.7% of GDP in FY26 due to persistent tariff pressures: Union Bank Report
India’s current account deficit (CAD) is expected to rise to 1.7 per cent of GDP in the current financial year FY26, higher than the bank’s…
Posted in Economy
Gold rush sparks concerns for India’s wide trade deficit
India’s widening goods trade deficit in October has raised concerns among analysts, as Nuvama Research said the country’s rising gold imports must be tracked closely…
Posted in Economy
Gold imports jump threefold to record USD 14.72 bn in Oct
New Delhi, The country’s gold imports surged about threefold to hit a record high of USD 14.72 billion in October, mainly due to higher festival…
Posted in Economy
India’s trade deficit widens to 11-month high of $32.15 bn in September
India’s merchandise trade deficit widened to an 11-month high of $32.15 billion in September, data showed on Wednesday, as imports surged faster than exports after…