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Tag: gold imports

Festive surge in gold imports drives India’s Oct. 2025 trade deficit up 141% to $21.8 billion

Posted on November 17, 2025 By admin
Festive surge in gold imports drives India’s Oct. 2025 trade deficit up 141% to .8 billion

Gold imports grew nearly 200% in October 2025 to $14.7 billion from $4.9 billion in October 2024. File. | Photo Credit: Reuters India’s trade deficit surged 141% in October 2025 to $21.8 billion due to surging imports, driven in large part by a festival-related jump in gold imports, and subdued merchandise exports, official data showed….

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Exports dipped 1% in December, trade gap eased from November’s record high

Posted on January 15, 2025 By admin
Exports dipped 1% in December, trade gap eased from November’s record high

Overall goods exports are now estimated to be 1.6% higher through the April to December 2024 period at $321.7 billion, while imports have risen 5.15% to $532.5 billion. Image for representation. | Photo Credit: The Hindu India’s goods exports contracted 1% year-on-year in December to a fraction over $38 billion, while imports grew 4.9% to…

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Business

Government unfazed by high import bills and trade deficit spikes

Posted on November 24, 2024 By admin
Government unfazed by high import bills and trade deficit spikes

The Centre is non-plussed about the recent spate of record-high import bills and is not actively mulling any import compression measures. File | Photo Credit: The Hindu The Centre is non-plussed about the recent spate of record-high import bills and is not actively mulling any import compression measures, top trade officials asserted, attributing the rising…

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Business

Goods exports drop 9.32% to $34.71 bn in August

Posted on September 17, 2024 By admin
Goods exports drop 9.32% to .71 bn in August

Photo used for illustration purpose only. | Photo Credit: The Hindu India’s goods exports dropped 9.32% to $34.71 billion in August, while the import bill expanded 3.3% to $64.36 billion. The trade deficit widened to a ten-month high of $29.65 billion, reckoned to be the second highest monthly gap in goods trade. “Gold imports more…

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