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India's November merchandise deficit narrows by 2.84% YoY to $20.58 billion

India's November merchandise deficit narrows by 2.84% YoY to $20.58 billion

Dec 16, 2023, at 03:09 am

New Delhi: After reaching a record high in October, India's merchandise trade deficit contracted to $20.58 billion in November 2023, primarily due to a substantial decline in gold imports, as reported by the commerce ministry on December 15.

India's Oct merchandise trade deficit widens to record level as gold imports jump by 95% YoY

India's Oct merchandise trade deficit widens to record level as gold imports jump by 95% YoY

Nov 16, 2023, at 05:17 am

New Delhi: India's merchandise trade deficit widened to an all-time high level in October, bolstered by a 95 percent jump in gold imports, the commerce ministry said on Wednesday.

Centre imposes import restrictions on specific gold jewellery, articles

Centre imposes import restrictions on specific gold jewellery, articles

Jul 13, 2023, at 06:14 am

New Delhi: The Centre on Wednesday implemented import restrictions on specific gold jewellery and articles to reduce the import of non-essential items.