India’s gold imports, which have a bearing on the country’s current account deficit (CAD), surged by 30 per cent to $45.54 billion during 2023-24 due to strong domestic demand, according to government data.
The imports stood at $35 billion in 2022-23.
In March this year, however, the imports of the precious metal contracted by 53.56 per cent to $1.53 billion, as per the data released by the Commerce Ministry.
Switzerland is the largest source of gold imports, with about 40 per cent share, followed by UAE (over 16 per cent) and South Africa (about 10 per cent).
Bu hikaye Millennium Post Delhi dergisinin May 11, 2024 sayısından alınmıştır.
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Bu hikaye Millennium Post Delhi dergisinin May 11, 2024 sayısından alınmıştır.
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