India's record imports widen trade deficit to $29.65 bn in Aug
The Free Press Journal|September 18, 2024
India's exports registered a steepest decline in 13-month falling 9.3 per cent in August to USD 34.71 billion due to global economic uncertainties, while the trade deficit soared to a 10month of USD 29.65 billion.
India's record imports widen trade deficit to $29.65 bn in Aug

According to the government data released on Tuesday, imports increased by 3.3 per cent to USD 64.36 billion, which is a record high, due to a significant jump in the inbound shipments of gold and silver.

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