Section

Higher gold imports, low exports weigh as India's trade deficit widens to $19.1 billion

By Economic Times - 6 months ago
India's merchandise trade deficit widened to $19.1 billion in April, surpassing a Reuters poll estimate of $17.23 billion. March saw a deficit narrowing to an 11-month low of $15.6 billion. Exports marginally rose by 1.06% to $34.99 billion, while imports surged 10.3% to $54.09 billion. Oil imports amounted to $16.46 billion. Gold imports doubled to $3.11 billion.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.