India Admits Gold Data Error That Pushed Trade Gap to Record
4 days, 18 hours ago

India Admits Gold Data Error That Pushed Trade Gap to Record

Live Mint  

-- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. India’s government acknowledged it miscalculated import figures for precious metals for months, an error that pushed the trade deficit to a record in November and caused the rupee to plunge to an all-time low. The Ministry of Commerce and Industry said in a statement Thursday it revised import figures from April to November after discovering the discrepancy, which had resulted from migrating to a new data transmission system. Preliminary estimates released earlier this week suggested gold imports for November stood at $9.84 billion — about $5 billion, or a third, lower than what was previously reported for the month. The ministry said Thursday it makes revisions to its figures “from time to time,” based on “data that’s received late, amendments in the respective months and qualitative corrections wherever required.” Preliminary revisions show gold imports were $37.39 billion in the April-November period, down $11.7 billion from previously reported.

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History of this topic

Stock market volatility boosts investments in gold ETFs in India: WGC
5 days, 21 hours ago

Stock market volatility boosts investments in gold ETFs in India: WGC

Live Mint  

New Delhi, : The stock market volatilities have boost the investments in the gold Exchange Traded Funds in India, as the country witnessed its eighth consecutive month of inflows into ETFs in December 2024, the world Gold Council stated in its commentary.The trends for gold ETFs reflect rising investor interest in the metal as equity market volatility persisted. A volatile …

Gold price today January 9: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other major cities
Top News
6 days, 1 hour ago

Gold price today January 9: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other major cities

India TV News  

Gold price on January 9: Gold prices in India witnessed a modest rise on Thursday. The price of 24-carat gold increased by Rs 1,300, bringing it to little over Rs 79,000. per gram. Meanwhile, the price of 22-carat gold rose by Rs 1,200, now standing at Rs 72,430.30 per gram. Analysts predict that gold may continue to see moderate fluctuations …

Government revises November gold import figures from $14.8 billion to $9.9 billion
6 days, 1 hour ago

Government revises November gold import figures from $14.8 billion to $9.9 billion

New Indian Express  

NEW DELHI: The sharp jump in November merchandise trade deficit was because of a clerical error. The Directorate General of Commercial Intelligence and Statistics on Wednesday revised India’s gold import figure for November 2024 from $14.8 billion to $9.9 billion—a decline of 33%. The November goods trade deficit rose to an all-time high of $37.8 billion due a massive year-on-year …

Gold googly bamboozles import data
6 days, 7 hours ago

Gold googly bamboozles import data

The Hindu  

In what may constitute the steepest revision in India’s trade data in recent times, the Centre has revised India’s import bill for November 2024 by almost six billion dollars to $63.86 billion from the record tally of $70 billion reported as quick estimates by the Commerce Ministry last month, led by a sharp $5 billion downward revision in gold imports. …

$5 billion shock! India makes largest-ever revision to gold import estimates for November
Trending News
6 days, 17 hours ago

$5 billion shock! India makes largest-ever revision to gold import estimates for November

Live Mint  

India has slashed its November gold import estimates by an unprecedented $5 billion, the largest revision for any commodity in history, after errors in preliminary calculations inflated the figure to a record, government data showed on Wednesday. New Delhi reported last month that its gold imports urged to a record high of $14.8 billion in November, more than doubling from …

Gold price today January 8: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other major cities
1 week ago

Gold price today January 8: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other major cities

India TV News  

Gold prices in India remained stable on Wednesday, with no change recorded in the rates of both 24-carat and 22-carat gold. As of January 8, the price of 24-carat gold stands at Rs 78,870.3 per 10 grams, while 22-carat gold is priced at Rs 72,310.3 per 10 grams. Analysts predict that gold may continue to see moderate fluctuations in early …

India's current account deficit expected at 1.1% of GDP in FY25, says ICICI bank
2 weeks, 1 day ago

India's current account deficit expected at 1.1% of GDP in FY25, says ICICI bank

Hindustan Times  

India's Current Account Deficit is expected to remain at 1.1 per cent of the Gross Domestic Product in the financial year 2024-25, according to a report by ICICI Bank. In the fiscal year 2024–2025, India's Current Account Deficit is anticipated to stay at 1.1% of GDP, citing to ICICI Bank analysis The report highlighted significant changes in the country's external …

ICICI Bank forecasts 1.1% current account deficit for India in FY25 amid trade challenges
Trending News
2 weeks, 1 day ago

ICICI Bank forecasts 1.1% current account deficit for India in FY25 amid trade challenges

Live Mint  

ICICI Bank has forecasted that its expects India's Current Account Deficit to remain at 1.1 per cent of the GDP in FY25. According to ICICI Bank, “We expect CAD at 1.1 per cent of GDP in FY25.” Factors In Focus In November 2024, India's trade deficit reached a record high of $37.8 billion, primarily due to gold imports totaling $14.9 …

India’s CAD likely to exceed 2 pc of GDP in Q3 FY25 amid gold import surge: Report
2 weeks, 3 days ago

India’s CAD likely to exceed 2 pc of GDP in Q3 FY25 amid gold import surge: Report

Live Mint  

New Delhi, December 28 : India's Current Account Deficit is expected to rise above 2 per cent of GDP in the third quarter of FY25, driven by a surge in gold imports, according to a report by Bank of Baroda. However, resilient services exports and remittance inflows are likely to cushion the overall impact, keeping the CAD for FY25 within …

Rupee at 85 to a Dollar: Sinking Towards 100?
3 weeks, 1 day ago

Rupee at 85 to a Dollar: Sinking Towards 100?

The Quint  

India has indeed developed a strong export franchise in not only IT services but also in setting up global capability centers that employ over 1.5 million talented Indians for highly productive use. India, in contrast to its merchandise counterpart, import much less of services, and generate good surplus despite Indians’ itch to travel abroad and seek overseas education. India exported …

Today Gold Rate 23-12-2024: Check latest prices in your city
Top News
3 weeks, 1 day ago

Today Gold Rate 23-12-2024: Check latest prices in your city

Hindustan Times  

Today Gold Rate: Gold rate decreased on Monday. Yesterday on 22-12-2024, the price of gold was ₹76963.0/10 grams, and last week, the price on 17-12-2024 was ₹78053.0/10 grams. Yesterday on 22-12-2024, the price of gold was ₹76811.0/10 grams, and last week, the price on 17-12-2024 was ₹77901.0/10 grams. Yesterday on 22-12-2024, the price of gold was ₹76817.0/10 grams, and last …

Mint Primer: How India’s trade gap soared, and how it might hurt
3 weeks, 5 days ago

Mint Primer: How India’s trade gap soared, and how it might hurt

Live Mint  

India’s gold imports jumped fourfold to nearly $15 billion in November, powering a 27% surge in goods imports. Prominent drivers of the trade deficit were higher gold imports and falling realizations from petroleum exports. Gold imports touched $14.86 billion, a fourfold increase from $3.44 billion in November 2023, driven by higher volumes, likely fuelled by festive and wedding season demand. …

India’s record gold import said to be due to calculation error
3 weeks, 5 days ago

India’s record gold import said to be due to calculation error

Deccan Chronicle  

A surge in gold imports that widened India’s trade deficit to a record last month and pushed the rupee to an all-time low was due to an error in calculation, according to people with knowledge of the matter.Officials double-counted gold shipments in warehouses following a change in methodology in July, the people said, asking not to be identified ahead of …

Gold Steadies With Focus on Fed’s Rate Outlook for Next Year
3 weeks, 6 days ago

Gold Steadies With Focus on Fed’s Rate Outlook for Next Year

Live Mint  

-- Gold traded in a narrow band ahead of the Federal Reserve’s upcoming rate decision, with traders looking for clues about next year’s monetary-policy path. Bullion traded near $2,645 an ounce, after slipping 0.2% in the previous session, as traders waited for the US central bank’s final policy meeting for the year later Wednesday. While markets widely expect another quarter-point …

Rahul Gandhi takes aim at BJP over trade deficit: ‘Govt prioritises crony businesses’
3 weeks, 6 days ago

Rahul Gandhi takes aim at BJP over trade deficit: ‘Govt prioritises crony businesses’

Hindustan Times  

Rahul Gandhi slammed the Narendra Modi-led BJP government for ‘prioritising crony capitalism over fair play’ and said that it leads to weakened manufacturing sector, depreciating currency, record high trade deficits, high interest rates, falling consumption and soaring inflation. Tagging a media report which said that trade deficit and imports are at an all-time high, the Leader of Opposition in Lok …

Rahul slams government over trade deficit touching all-time high
3 weeks, 6 days ago

Rahul slams government over trade deficit touching all-time high

The Hindu  

Slamming the Modi government, Leader of Opposition in the Lok Sabha Rahul Gandhi on Wednesday said prioritising crony businesses over play-fair ones leads to weakened manufacturing sector, depreciating currency, record high trade deficits, high interest rates, falling consumption and soaring inflation. "Result: Weakened manufacturing sector, depreciating currency, record high trade deficits, high interest rates, falling consumption and soaring inflation," he …

Rahul slams govt over trade deficit touching all-time high
3 weeks, 6 days ago

Rahul slams govt over trade deficit touching all-time high

Deccan Chronicle  

New Delhi: Slamming the Modi government, Leader of Opposition in the Lok Sabha Rahul Gandhi on Wednesday said prioritising crony businesses over play-fair ones leads to weakened manufacturing sector, depreciating currency, record high trade deficits, high interest rates, falling consumption and soaring inflation.Tagging a media report which said that trade deficit and imports are at an all-time high, Gandhi hit …

Trade shocker: On November’s trade estimates
Trending News
4 weeks ago

Trade shocker: On November’s trade estimates

The Hindu  

This October’s foreign trade numbers had offered a sliver of hope for India’s generally weak export story over the past couple of years, as goods exports grew at a 28-month high pace of 17.2%. As in August, November’s import bill spike was led by gold imports that jumped 331.5% from last November to a whopping $14.9 billion. Gems and jewellery …

India's Gold Imports Surge 132% in November
Trending News
4 weeks ago

India's Gold Imports Surge 132% in November

Deccan Chronicle  

Chennai: Gold imports went up 132 per cent in volume terms to 130 tonnes in the month of November. Gold imports in volume terms went up 132 per cent to 130 tonnes in November against 56 tonnes in the same month last year. Silver imports between January and November stood at 7500 tonnes, which was 121 per cent higher than …

India's gold imports to plunge in December after record November
4 weeks ago

India's gold imports to plunge in December after record November

Deccan Chronicle  

India's gold imports are poised for a sharp slowdown in December following record purchases in November, in the absence of any major festival and as rebounding prices prompt buyers to delay purchases, trade and government officials said.Lower imports by India, the world's second-biggest consumer of the precious metal, could cap a rally in global prices that hit a record high …

Indian Rupee Decline: Rupee falls 1 paisa to all-time low of 84.92 against U.S. dollar
4 weeks ago

Indian Rupee Decline: Rupee falls 1 paisa to all-time low of 84.92 against U.S. dollar

The Hindu  

The rupee dropped 1 paisa to hit a new lifetime low of 84.92 against the U.S. dollar in early trade on Tuesday, weighed down by foreign fund outflows and a muted trend in domestic equities. “The Indian rupee is expected to open at its lowest after a record number in respect of imports and a record trade deficit for November …

Record trade deficit adds to rupee’s challenges, may open to all-time low
4 weeks ago

Record trade deficit adds to rupee’s challenges, may open to all-time low

Live Mint  

By Nimesh Vora MUMBAI, Dec 17 - The Indian rupee may slip to an all-time low on Tuesday with the currency, already under pressure from slowing growth, choppy equity flows and a dollar rally, will have to contend with an unexpected widening in trade deficit to a record high. The jump in gold imports and weak exports pushed India's merchandise …

Trade deficit at a record $38bn as gold imports rise
Top News
4 weeks, 1 day ago

Trade deficit at a record $38bn as gold imports rise

Hindustan Times  

India’s merchandise trade deficit widened to a record $37.84 billion in November, driven primarily by surging gold imports and falling exports, a trend experts said threatens to add pressure on the rupee which is already strained by three months of portfolio outflows. Imports, however, surged by 27% to $69.95 billion compared to $55.06 billion in November 2023, mainly due to …

India’s Trade Deficit Widens to Record as Gold Demand Soars
Top News
4 weeks, 1 day ago

India’s Trade Deficit Widens to Record as Gold Demand Soars

Live Mint  

-- India’s trade deficit expanded to a record high in November, as the nation’s import bill ballooned, particularly due to a rise in gold shipments. The gap between exports and imports stood at $37.8 billion in November, trade ministry data showed Monday, much higher than the $23 billion deficit forecast by economists in a Bloomberg survey. A widening trade deficit …

India’s imports rises to 27%, touches to record high of almost $70 billion
4 weeks, 1 day ago

India’s imports rises to 27%, touches to record high of almost $70 billion

The Hindu  

India’s merchandise exports fell 4.83% to $32.11 billion in November while the import bill jumped 27% to a record high of almost $70 billion, as per data released by the Commerce Ministry. This is the third time in four months that India’s import bill has hit a record high, but November’s tally surpasses the last two occasions by a wide …

Today Gold Rate 14-12-2024: Check latest prices in your city
1 month ago

Today Gold Rate 14-12-2024: Check latest prices in your city

Hindustan Times  

Today Gold Rate: Gold rate decreased on Saturday. Yesterday on 13-12-2024, the price of gold was ₹79653.0/10 grams, and last week, the price on 08-12-2024 was ₹77793.0/10 grams. Yesterday on 13-12-2024, the price of gold was ₹79501.0/10 grams, and last week, the price on 08-12-2024 was ₹77641.0/10 grams. Yesterday on 13-12-2024, the price of gold was ₹79507.0/10 grams, and last …

Gold prices hit 2-week high at Rs 78,800/10 gms ahead of US inflation data
Trending News
1 month ago

Gold prices hit 2-week high at Rs 78,800/10 gms ahead of US inflation data

India TV News  

Gold prices hit a two-week high of Rs 78,800 per ten grams after managing to cross this milestone in the last trading session. As of 10:09 am, February gold futures were trading at Rs 78,840 per 10 grams on the MCX, a rise of Rs 502 or 0.64% from the previous session’s close. Spot gold also climbed 0.2% to $2,698.47 …

Gold price today December 6: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other cities
1 month, 1 week ago

Gold price today December 6: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other cities

India TV News  

Gold prices on December 6: Gold prices experienced a slight uptick on Friday, with the cost of 24-carat gold in India reaching Rs 78,070.3 per 10 grams, marking an increase of Rs 1,300. On Thursday, Gold price surged to reclaim the Rs 79,000 level in the national capital due to fresh buying by jewellers and stockists, according to the All …

India tops global gold purchases, adds 27 tonnes to the reserves
1 month, 1 week ago

India tops global gold purchases, adds 27 tonnes to the reserves

Live Mint  

Gold buying by central banks surged to 60 tonnes in October, mainly led by the Reserve Bank of India which added 27 tonnes of the precious metal to its reserves, the World Gold Council said on Thursday. India added 27 tonnes of gold in October, bringing its total gold purchases to 77 tonnes from January to October, according WGC data …

At 78 tonnes, RBI’s Gold Purchases till Oct Second Highest After 2009
1 month, 1 week ago

At 78 tonnes, RBI’s Gold Purchases till Oct Second Highest After 2009

Deccan Chronicle  

CHENNAI: The Reserve Bank of India added 27 tonnes of gold to its reserves in October, taking its total gold purchases year-to-date to 78 tonnes, the highest since it bought 200 tonnes from IMF in 2009. With the October purchase, RBI’s total gold reserves touched 882 tonnes. India bought gold in the month which saw prices trading around Rs 76,000 …

Rise in smuggling of gold, cocaine: DRI report
1 month, 1 week ago

Rise in smuggling of gold, cocaine: DRI report

Hindustan Times  

India has seen a marked increase in smuggling of cocaine and gold, with borders in the country’s North-East becoming an area of concern and traffickers employing new techniques. On gold smuggling, the DRI report stated that “India has become a major destination for illicit gold imports, with gold and silver predominantly originating from West Asia, including the UAE and Saudi …

Today Gold Rate 01-12-2024: Check latest prices in your city
1 month, 1 week ago

Today Gold Rate 01-12-2024: Check latest prices in your city

Hindustan Times  

The gold rate has experienced a decrease today, with the price of 24 carat gold being reported at ₹7817.3 per gram, reflecting a decline of ₹120.0. For silver in Delhi, the current rate is ₹94600.0 per kg, which is higher than yesterday's price of ₹92500.0 per kg and lower than the price of ₹95000.0 per kg from last week. In …

Asia Gold-India gold premiums steady as price fluctuations stabilise demand
1 month, 2 weeks ago

Asia Gold-India gold premiums steady as price fluctuations stabilise demand

Live Mint  

* Demand was strong at beginning of the week - Indian trader * Demand seen improving with the onset of wedding season in India * China has issued import quotas to manage gold flows - analyst By Rajendra Jadhav and Rahul Paswan Nov 29 - Physical gold premiums were steady in India, as a rise in demand from this week's …

India's forex reserves drop USD 1.31 billion to USD 656.58 billion as of November 22: RBI
1 month, 2 weeks ago

India's forex reserves drop USD 1.31 billion to USD 656.58 billion as of November 22: RBI

India TV News  

India's forex reserves dropped USD 1.31 billion to USD 656.58 billion for the week ended November 22, the Reserve Bank of India said. For the week ended November 22, foreign currency assets -- a major component of the reserves -- decreased USD 3.043 billion to USD 566.791 billion, the data, which was released on Friday, showed. India's reserve position with …

Gold price today November 28: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other cities
1 month, 2 weeks ago

Gold price today November 28: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other cities

India TV News  

Gold prices on November 28: Gold prices witnessed a modest increase on Thursday, offering a mixed outlook for investors and buyers. The price of 24-carat gold rose to Rs 7,769.3 per gram showing an uptick of Rs 290 compared to the previous rate. Meanwhile, Gold prices on Thursday declined Rs 141 to Rs 76,375 per 10 grams in futures trade …

India-China trade: An alarming $18 billion discrepancy
1 month, 2 weeks ago

India-China trade: An alarming $18 billion discrepancy

Live Mint  

India-China trade data for 2023 reveals a widening discrepancy, with India's reported imports from China falling significantly short of China's export figures, raising concerns over potential anomalies such as under-invoicing, misclassification, and inconsistent reporting practices. In 2023, India's merchandise imports from China stood at $99.59 billion, which was 18.2% lower than the $117.68 billion worth of exports reported by China, …

India’s forex reserves hit steepest weekly drop on record at over four month low to $657.8 billion; Here’s why
1 month, 3 weeks ago

India’s forex reserves hit steepest weekly drop on record at over four month low to $657.8 billion; Here’s why

Live Mint  

India's foreign exchange reserves fell to a more-than-four-month low last week, marking the sharpest weekly fall on record, dragged by a stronger US dollar following the US election verdict. It also indicated the Reserve Bank of India likely sold dollars in the market to support the local currency and limit its further decline after it dropped to a record low …

Gold price today: Check price of 24 carat gold in metro cities?
Trending News
1 month, 3 weeks ago

Gold price today: Check price of 24 carat gold in metro cities?

India Today  

Gold prices in India have been on the rise over the past few days, mirroring the trends in the international market. On Wednesday, gold prices climbed to a one-week-high, marking the third consecutive session of gains, with spot gold prices reaching $2,636.59 per ounce, their highest level since 11 November. GOLD AS A BUYING OPPORTUNITY The rise in gold prices …

Is it a good time to buy gold? 3 things you should know
1 month, 3 weeks ago

Is it a good time to buy gold? 3 things you should know

India Today  

Gold prices in India have been on the rise over the past few days, showing upward movement in the market. The rise in gold prices is attributed to a softer US dollar and increased investor interest in safe-haven assets amid geopolitical and economic concerns. FACTORS INFLUENCING GOLD PRICES Geopolitical tensions - Jateen Trivedi, VP Research Analyst at LKP Securities, said …

Here’s why gold is priced cheaper in India compared to Oman, UAE, Qatar and Singapore…
1 month, 4 weeks ago

Here’s why gold is priced cheaper in India compared to Oman, UAE, Qatar and Singapore…

Live Mint  

While many prefer to buy gold and precious jewellery from duty-free shops in the Middle East, this time, maybe save the purse for a trip to a local shop. Gold prices in India are cheaper than costs in Oman, Singapore, the United Arab Emirates and Qatar, according to a report by Business Insider. In Qatar, gold costs surged by ₹ …

Gold, Silver Sales Jump Post-Diwali
1 month, 4 weeks ago

Gold, Silver Sales Jump Post-Diwali

Deccan Chronicle  

Chennai: In a rarity, bullion market is witnessing a surge in demand post-Diwali. With gold and silver prices witnessing a significant correction in the past few days, retailers are seeing demand for jewellery as well as coins going up, while the trade has started importing the precious metals more. Gold, which was trading at Rs 79,775 per 10 gm as …

India’s forex reserves fall for sixth straight week to hit 3-month low of $675.6 billion, down $29 billion from peak
1 month, 4 weeks ago

India’s forex reserves fall for sixth straight week to hit 3-month low of $675.6 billion, down $29 billion from peak

Live Mint  

India's foreign exchange reserves dropped for a sixth consecutive week to a near 3-month low of $675.65 billion as of Nov. 8, data from the Reserve Bank of India showed on Friday. In the previous reporting week, the forex reserves had dropped by USD 2.675 billion to USD 682.13 billion. For the week ended November 8, foreign currency assets, a …

India’s trade deficit with China soars during April-October despite import curbs
Trending News
1 month, 4 weeks ago

India’s trade deficit with China soars during April-October despite import curbs

Live Mint  

New Delhi: India’s merchandise trade deficit with China has risen 13% during the first seven months of the current fiscal year, despite government measures aimed at cutting reliance on the Asian manufacturing major and restrictions on import of certain products from the country. India's goods trade deficit with China widened to $57.83 billion during April-October from $51.12 billion a year …

India’s current account deficit to remain manageable in FY25, Rupee to remain in pressure: Bank of Baroda
1 month, 4 weeks ago

India’s current account deficit to remain manageable in FY25, Rupee to remain in pressure: Bank of Baroda

Live Mint  

New Delhi, November 15 : India's current account deficit will remain within a manageable range for both FY25 and FY26, largely due to muted oil prices that are expected to support the country's external financial position, projected a recent report by Bank of Baroda. Despite global market volatility, the report stated that steady oil prices at current levels are a …

Merchandise exports surge amid focus on key markets, countries
Trending News
2 months ago

Merchandise exports surge amid focus on key markets, countries

Hindustan Times  

India’s merchandise exports registered 17.25% growth to $39.20 billion in October over the same month last year, with non-petroleum exports aggregating a record $211.34 billion in the first seven months of current financial year despite global headwinds, commerce secretary Sunil Barthwal said, crediting a concerted policy push and Christmas demand for the growth. India’s services exports in October 2024 is …

India’s goods trade deficit widens to $27 billion in October
Trending News
2 months ago

India’s goods trade deficit widens to $27 billion in October

Live Mint  

New Delhi: India’s merchandise trade deficit widened to a two-month high in October, driven by a rise in imports, data released by the commerce ministry on Thursday showed. The goods trade deficit—the difference between exports and imports—stood at $27.14 billion in October, up from $20.78 billion in September. The overall trade deficit, including both services and merchandise, fell to $10.12 …

India will meet its exports target of USD 800 billion this year: Commerce Secretary
2 months ago

India will meet its exports target of USD 800 billion this year: Commerce Secretary

Op India  

India’s exports surged by over 19 per cent in October. Commerce Secretary Sunil Barthwal was upbeat on the trade data and said, “It has been an extremely good month for us, and not only our overall export progress has been extremely good, but if you look at April to October, this has been the highest ever non-petroleum exports from this …

Today Gold Rate 12-11-2024: Check latest prices in your city
Trending News
2 months ago

Today Gold Rate 12-11-2024: Check latest prices in your city

Hindustan Times  

Today Gold Rate: Gold rate remained unchanged on Tuesday. Gold silver image The rate of 24 carat gold has fluctuated by 1.24% over the past week, while it has seen a decline of -2.14% over the last month. Gold rate in Delhi today is ₹78933.0/10 grams. Gold rate in Chennai today is ₹78781.0/10 grams. On 11-11-2024, the price of gold …

US elections 2024 outcome could reshape India trade ties
2 months, 1 week ago

US elections 2024 outcome could reshape India trade ties

Live Mint  

NEW DELHI : With Donald Trump, the Republican nominee and former US president, leading the US presidential race, India's trade ties with the country—one of the few with which India has a merchandise trade surplus—are likely set for a paradigm shift. While Donald Trump’s America First agenda may lead to higher tariffs on Indian goods, especially in key sectors like …

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