India, trade deficit
India's Exports See Steepest Decline In 13 Months; Gold Imports At Record High. Find Out Why?
Imports jumped by 3.3 per cent to a record high of $64.36 billion, driven by a significant increase in the inbound shipments of gold and silver
India’s Trade Gap Widens in August as Exports Slow
India’s trade deficit widened in August with a fall in exports due to a global slowdown, while imports climbed as domestic demand remained strong ahead of the festive season.
India's trade deficit widens in August on spike in gold imports, weak exports
India's merchandise trade deficit in August widened to $29.65 billion as merchandise exports fell, dragged down by rising shipping costs and a decline in global demand, data released by the government showed on Tuesday.
India Reports Record Gold Imports in August
India reported record gold imports totaling $10 billion in August. It was over a three-fold increase over the previous month.
High Gold imports has driven India’s trade deficit to 10-month high in August
The surge in trade deficit in the month of August was primarily driven by record Gold imports totalling USD 10.1 billion, said a report by Emkay. As per the report, the spike in gold imports was due to the reduction in customs duty and increased demand ahead of the
India’s merchandise trade deficit hits $116.64 bn in April-August 2024
India added $2.01 billion to its merchandise trade deficit in August, taking combined merchandise trade deficit for the first five months of the current finan
India sees 5.35 pc growth in exports at $328.86 billion in April-August
Total imports during the first five months of the current fiscal are estimated at $375.33 billion, registering a growth of 7.20 per cent.
India’s merchandise trade deficit widens to $2 9.65 billion in August
Merchandise exports rose to $34.71 billion in value terms in August, but merchandise imports increased to $64.36 billion.
India Trade Data August Revised: Imports Hit All Time High! Trade Deficit Widens To $29.65 Bn | News
India's trade data for August has been revised, showing that imports have reached a record high. This has led to a widening of the trade deficit to $29.65 billion. Exports in August declined from 2023.
Reserve Bank lifts ban on IIFL Finance's gold loan business
moneycontrol.com7d
GOLD RATE IN INDIA
Determined by a combination of factors including international market behaviour, demand, supply and inflation, among others, gold prices in India are indicated by the Multi Commodity Exchange of ...
India Today on MSN7h
Jewellery | The new gold rush
Big corporates vie with each other for a pie of India's burgeoning jewellery market, offering consumers authentic products ...
Bloomberg L.P.1d
India’s IIFL Finance Faces Downgrade Risk On Gold Loan Ban
Indian shadow lender IIFL Finance Ltd is facing a threat of credit rating downgrade as early as this week, as a months-long ...
India's Gold Demand To See Boost With Upcoming Festive Season
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look ...
english.mathrubhumi9h
Gold demand to surge as India prepares for 35 lakh weddings from November-mid December
India`s wedding industry is set for a boom, with over 35 lakh weddings expected between November and December, generating an ...
devdiscourse5h
India's Forex Reserves Hit New All-Time High Despite Mixed Asset Performance
India's forex reserves rose to a record USD 689.458 billion for the week ended September 13, an increase of USD 223 million.
money.rediff9h
Gold Prices Surge: Rallies Rs 700 to Rs 76,350/10g
Gold prices in India surged Rs 700 to Rs 76,350 per 10 grams, driven by global cues and increased demand ahead of festivals.
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Gold prices near all-time high: Should you invest now or wait?
The surge in gold prices is largely attributed to the US Federal Reserve's recent decision to cut interest rates. The Fed ...