New Delhi: India’s gold imports, which have a bearing on the country’s current account deficit (CAD), surged by about 73 per cent to USD 45.1 billion during April-February this fiscal on account of higher demand, according to official data. The imports stood at USD 26.11 billion in April-February 2021. In February 2022, however, imports of […]
The decline in gold imports has helped in narrowing the country's trade deficit to USD 84.62 billion during the 11-month of the current fiscal, as against USD 151.37 billion a year ago.