Gold, silver imports push trade deficit to 3-month high

India's trade deficit widened to a three-month high of $34.6 billion in January, driven by a surge in gold and silver imports. Despite a flat export performance, particularly a sharp fall in consignments to the US, the government remains optimistic about achieving record exports for the fiscal year.

Gold, silver imports push trade deficit to 3-month high
India's trade deficit widened to a three-month high of $34.6 billion in January, driven by a surge in gold and silver imports. Despite a flat export performance, particularly a sharp fall in consignments to the US, the government remains optimistic about achieving record exports for the fiscal year.