Tag: gold imports India

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Rising oil prices, gold imports to widen trade deficit, CAD may touch 1.5-2% of GDP: ICICI Securities

New Delhi [India], May 16 (ANI): With the West Asia conflict persisting and global oil prices likely to average around USD 100/bbl, India’s current account…

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India’s import bill is likely to rise. Courtesy love for gold & gadgets amid rupee pain

India’s import bill is rising sharply once more, driven by a combination of a weakening rupee, elevated global prices for gold and crude oil, and…

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