Representational Image India‘s gold imports, which have a bearing on the country’s current account deficit (CAD), dipped by 4.23 per cent to USD 12.64 billion during April-July 2024-25 due to global economic uncertainties, according to government data. The imports stood at USD 13.2 billion in April-July 2023. In July alone, the imports declined by 10.65…
New Delhi: India’s gold imports, which have a bearing on the country’s current account deficit (CAD), surged by 30 per cent to USD 45.54 billion during 2023-24 due to strong domestic demand, according to government data. The imports stood at USD 35 billion in 2022-23. In March this year, however, the imports of the precious…
NEW DELHI: India saved an estimated $7.9 billion in oil import bill in the 11 months of 2023-24 financial year ended March 31, compared to $5.1 billion over the whole of 2022-23, by purchasing higher volumes of Russian crude at deep discounts, ICRA Research said on Tuesday.The increased savings leads to a “compression” of 15-22…
