⚡ BREAKING: India issues notification on gold and silver imports after customs held up shipments due to policy confusion. #India #GoldImports

BasisPointInsight.com - Why Govt Should Hike Customs Duty on Gold, Vegetable Oils by G. Chandrashekhar India’s surging gold and edible oil imports are widening the trade deficit, pressuring the rupee and hurting farmers, making a strong case for restoring higher import duties. by G. Chandrashekhar, Bas...

India’s surging gold and edible oil imports are widening the trade deficit, pressuring the rupee and hurting farmers, making a strong case for restoring higher import duties, writes G. Chandrashekhar.

Read his column for BasisPoint 👇

#Budget2026 #TradeDeficit #GoldImports

India imports nearly ALL its gold 🌍. As the 2nd largest consumer (803 tn in 2024 vs China's 857 tn), reducing imports strengthens the INR & lowers prices of foreign goods. Households hold ~34,600 tn, valued at $3.8T (89% of GDP)! #Macroeconomics #GoldImports

China’s Gold Rush: Why Imports Are Soaring Despite Record Prices In a remarkable display of economic paradox, China’s gold imports surged to an 11-month high in April 2025 despite gold prices reaching unprecedented levels on global markets. Traditionally, high pric...

China’s Record Gold Imports Signal Shift in Global Financial Strategy #GoldMarket #ChinaEconomy #GoldImports #GlobalFinance
research.deepfox.com/chinas-gold-...

US Trade Deficit Hits Record High Amid Tariffs and Job Cuts in 2025 - WIOBS The US trade deficit soared to $131.4 billion in January 2025 as tariffs sparked record imports, while federal job cuts signal...

US Trade Deficit Hits Record High Amid Tariffs and Job Cuts in 2025
wiobs.com/us-trade-def...
#USTradeDeficit #Tariffs2025 #RecordImports #JobCuts #LaborMarket #Economy #Unemployment #GDP #GoldImports #TrumpPolicies

India’s gold imports turn out to be $5 billion lower in Nov, trade deficit narrows - Yes Punjab News India revises November 2024 gold import estimate to $9.84 billion from $14.86 billion, reducing trade deficit and strengthening the rupee.

India’s gold imports turn out to be $5 billion lower in Nov, trade deficit narrows yespunjab.com?p=80904

#India #GoldImports #TradeDeficit #IndiaEconomy #GoldPrice #TradeDeficitNarrowing #IndiaTrade #EconomyUpdate #NovemberTrade #IndiaImports #EconomicGrowth #GoldTrade