Trade deficit close to all-time high, thanks to record imports – Times of India
Record imports push trade deficit to near all-time highNEW DELHI: India’s trade deficit neared record level in Aug as a surge in gold shipments pushed up monthly imports by 3.4% to an all-time high of $64.4 billion, while exports fell 9.4% to $34.7 billion.As gold imports more than doubled to a new high of over…