Gold imports up 4% to USD 17.63 billion in Apr-Sep 2018-19
Gold imports increased by about 4 per cent to USD 17.63 billion in the first half of 2018-19, inflating the country's trade deficit and fuelling worries about the current account deficit.
Increase in gold imports pushed the country's trade deficit to USD 94.32 billion in April-September 2018-19 as against USD 76.66 billion in the same period last year. Image courtesy: Reuters