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