India Trade Deficit News

Mumbai, The Reserve Bank on Tuesday said that the growth in gold imports decelerated substantially in May, which had witnessed multiple appeals by Prime Minister Narendra Modi to reduce consumption of the precious metal. Growth in gold imports, however, has de

India's merchandise trade deficit widened more than expected to a six-month high of $31.98 billion in July, as the Middle East war drove up the country's oil import bill and global freight rates.The data underscores the growing pressure on India's external bal