Gold imports jump over 2-fold to USD 38 bn in Apr-Dec 2021
India’s gold imports, which has a bearing on the country’s current account deficit (CAD), more than doubled to USD 38 billion during April-December this fiscal on account of higher demand, according to data of the commerce ministry. The imports stood at USD 16.78 billion in April-December 2020. In December 2021, imports of the precious metal … Read more