Trade deficit in October stood at $27.1 billion and experts polled by news agencies Reuters and Bloomberg had estimated November's figure to be around $23 billion. The rupee closed at a record low on Monday, falling 0.1% to 84.8712 per dollar.
Overall, the data released on Monday showed, goods exports in November declined 4.85% to $32.11 billion from $33.75 billion a year ago. Imports, however, surged by 27% to $69.95 billion compared to $55.06 billion in November 2023, mainly due to record gold imports.
Gold imports jumped a staggering 332% to $14.86 billion in November 2024 compared to $3.44 billion in the same period last year. This surge came despite a 26.26% fall in gems and jewellery exports to $2.06 billion, suggesting gold imports were mainly for domestic consumption rather than value addition for exports, according to an expert who requested anonymity.
Petroleum product exports contracted sharply by 49.7% to $3.72 billion in November 2024, on account of softening international oil prices, though India's petroleum exports grew in quantitative terms.
この記事は Hindustan Times Navi Mumbai の December 17, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Hindustan Times Navi Mumbai の December 17, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
How the challenge of batting in Oz changed
KOOKABURRA RELEASED A REDESIGNED BALL FOR TESTS IN 2021 THAT WAS SUPPOSED TO MAKE THE GAME MORE EXCITING, BUT IT HAS ONLY MADE BATTING MORE DIFFICULT
Grit in the tail frustrates the hosts, India avoid follow-on
Like in 2021, there was defiance in the damp air of Gabba as Deep and Bumrah steer India towards a likely draw on Day 4
Jhulan Goswami stand: Another historic moment at Eden Gardens
KOLKATA: At 6.58pm on a misty winter evening near the Eden Gardens change rooms, Jhulan Goswami took the stage. And said she was speechless.
DEVESH HITS 64 TO LEAD MODERN ENGLISH'S CHASE IN HARRIS FINAL
MUMBAI: Modern English School have put themselves in a good position after scoring 263/8 at stumps on Day 2 of the Harris Shield final against Anjuman I-Islam Allana School, at the Brabourne Stadium.
Prithvi Shaw now axed from Vijay Hazare squad
In a forgettable season, Prithvi Shaw received another jolt when the Mumbai selectors ignored his superb record in List A cricket by dropping him from the squad for the upcoming 50-over Vijay Hazare Trophy tournament.
Pidilite, two others vie for Dulux maker
MUMBAI: The race for Akzo Nobel India Ltd has narrowed to Pidilite Industries Ltd, JSW Paints Pvt. Ltd and Indigo Paints Ltd, two people close to the development said, with a deal likely to value the maker of Dulux paints at $2.1-2.5 billion.
Hayley shines, WI level series with big victory
The visiting skipper hit a 47-ball 85* after taking 2 wickets to help the Caribbean women level the 3-match T20 series
Market in oversold zone on FPI selling
Fall risk Apart from cash selling, Flls increased bearish bets on index futures by a whopping 16,060 contracts on Tuesday.
RBI's new leadership to retain anti-crypto stance, officials say
The change of guard at the Reserve Bank of India (RBI) is unlikely to change the central bank's position on private cryptocurrencies, two officials said.
CHINA EXECUTES OFFICIAL INVOLVED IN BIGGEST CASE OF GRAFT WORTH $421 MILLION
BEIJING: China, on Tuesday, executed Li Jianping, a former official in the north Inner Mongolia Autonomous Region, who was convicted in the largest-ever corruption case in the country totaling over $421 million.
