India, trade deficit
India reports record Gold imports in August
India reported record gold imports in dollar terms, totaling $10 billion in August. It was over a three-fold increase over the previous month. The World Gold Council estimates the country imported 140 tons of gold, tripling July’s total. So far, in 2024, Indian gold imports are up 30 percent.
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’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 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
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 ...
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 ...
devdiscourse6h
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.
India’s gold imports triple amid festive demand, lower import duty
India’s gold imports surged driven by a steep cut in import duty and rising demand ahead of the peak festive season. In terms ...
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 ...
Chess Olympiad: India play out first draw but stay within touching distance of gold medal
The draw ensures that India will head into the final two rounds of the Chess Olympiad with a slight advantage over the ...
Octa broker forecast: what factors will affect the gold rate in India
DUBAI, United Arab Emirates, Sept. 16, 2024 (GLOBE NEWSWIRE) -- The price of gold is determined by market supply and demand - ...
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.