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India, trade deficit
India's Exports See Steepest Decline In 13 Months; Gold Imports At Record High. Find Out Why?
Imports jumped by 3.3 per cent to a record high of $64.36 billion, driven by a significant increase in the inbound shipments of gold and silver
India’s Trade Gap Widens in August as Exports Slow
India’s trade deficit widened in August with a fall in exports due to a global slowdown, while imports climbed as domestic demand remained strong ahead of the festive season.
India's trade deficit widens in August on spike in gold imports, weak exports
India's merchandise trade deficit in August widened to $29.65 billion as merchandise exports fell, dragged down by rising shipping costs and a decline in global demand, data released by the government showed on Tuesday.
High Gold imports has driven India’s trade deficit to 10-month high in August
The surge in trade deficit in the month of August was primarily driven by record Gold imports totalling USD 10.1 billion, said a report by Emkay. As per the report, the spike in gold imports was due to the reduction in customs duty and increased demand ahead of the
India’s merchandise trade deficit hits $116.64 bn in April-August 2024
India added $2.01 billion to its merchandise trade deficit in August, taking combined merchandise trade deficit for the first five months of the current finan
India sees 5.35 pc growth in exports at $328.86 billion in April-August
Total imports during the first five months of the current fiscal are estimated at $375.33 billion, registering a growth of 7.20 per cent.
India’s merchandise trade deficit widens to $2 9.65 billion in August
Merchandise exports rose to $34.71 billion in value terms in August, but merchandise imports increased to $64.36 billion.
India Trade Data August Revised: Imports Hit All Time High! Trade Deficit Widens To $29.65 Bn | News
India's trade data for August has been revised, showing that imports have reached a record high. This has led to a widening of the trade deficit to $29.65 billion. Exports in August declined from 2023.
India, IIFL Finance and gold loan
India's IIFL Finance jumps 13% after cenbank lifts gold loan ban
By Dimpal Gulwani and Siddhi Nayak BENGALURU/MUMBAI (Reuters) -Shares of India's IIFL Finance surged 13% on Friday, after the country's central bank revoked an earlier ban on the non-bank lender's gold loan business.
IIFL Shares Jump as India Regulator Lifts Ban on Its Gold Loans
IIFL Finance Ltd.’s shares surged to their highest in more than six months after India’s central bank lifted restrictions on its gold-backed lending business.
IIFL Finance Shares Surge 13% As RBI Lifts Six-Month Ban On Gold Loan Business
IIFL Finance Limited shares on Friday (September 20) experiences a sharp increase in its stock price. This surge in stock prices was in response to a major announcement from the Reserve Bank of India (RBI).
The Financial Express on MSN
5h
India’s wedding industry booms: 3.5 million marriages to drive over ₹4.25 lakh crore spending this season
As per Prabhudas Lilladher's report 'Band, Baaja, Baarat and Markets', factors like the recent reduction in gold import ...
Bloomberg L.P.
1d
India’s IIFL Finance Faces Downgrade Risk On Gold Loan Ban
Indian shadow lender IIFL Finance Ltd is facing a threat of credit rating downgrade as early as this week, as a months-long ...
1d
Top 10 countries with the largest gold reserves in 2024—check India’s rank
With the Reserve Bank of India (RBI) adding gold every month in 2024, India has one of the largest gold reserves globally.
5h
India's Gold Demand To See Boost With Upcoming Festive Season
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look ...
cnbctv18
2h
Gold prices near all-time high: Should you invest now or wait?
The surge in gold prices is largely attributed to the US Federal Reserve's recent decision to cut interest rates. The Fed ...
4h
India Gold price today: Gold rises, according to FXStreet data
The price for Gold stood at 6,968.89 Indian Rupees (INR) per gram, up compared with the INR 6,949.19 it cost on Thursday. The ...
6h
on MSN
Gold Rates Today (20-09-24): check top city wise Gold prices in Delhi, Mumbai, Kolkata, Chennai
The gold price today in Kolkata is 6824 per gram for 22 karat gold and 7444 per gram for 24 karat gold. The Gold price today ...
National Herald
4h
India's gems, jewellery sector vulnerable to money laundering, terrorist financing: FATF
The Paris-headquartered global body said in its mutual evaluation report for India released on Thursday, 19 September that ...
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