Gold imports, which have a bearing on the country's current account deficit (CAD), fell 14.23 percent to $28.2 billion during 2019-20, according to commerce ministry data
Gold imports, which have a bearing on the country's current account deficit (CAD), fell 8.86 percent to $27 billion (about Rs 1.90 lakh crore) during April-February period of the current financial year, according to commerce ministry data
Gold imports plunge 12% to hit three-year low in 2019, record high prices dent demand; trade deficit narrows
In August last year, the domestic spot gold prices surged to a life-time high of Rs 40,220 per 10 grams due to worries over a possible global recession and uncertainty over the US-China trade talks.
India's gold imports, which have a bearing on the current account deficit (CAD), fell about 7 percent to $20.57 billion during April-November period of the ongoing financial year, according to the commerce ministry data
The gems and jewellery exports continued to be affected following geopolitical tensions as the overall shipments in October declined by 5.49 percent to Rs 24,583.19 crore compared to the same month last year
Gems, jewellery exports fall by 12.29% in August on decline in manufacturing, liquidity crunch: GJEPC
Gold jewellery exports April to August declined by 1.58 percent to Rs 34,982.69 crore from Rs 35,544.47 crore during April-August 2018.
Increase in gold imports pushed the country's trade deficit to $157 billion in the last fiscal, an increase of about 45 percent as compared to the year-ago period.
PNB fraud fallout: Bank finance to jewellers drops 10%; lower lending threatens exports, says industry lobby GJEPC
According to GJEPC, the country's gem and jewellery exports declined by 8.84 percent during the June quarter to $10.1 billion, compared with $11.1 billion in the same period last year
Gems and jewellery contribute nearly 7 percent to the country's GDP and over 15 percent to the merchandise exports