Oil and Gold Fuel Trade Deficit Surge: India Faces Steepest Gap in Over a Year

Unknown Apr 02, 2026 950 Views

India's trade deficit expanded considerably in March 2025 to $21.54 billion, from $14.05 billion in February and $15.31 billion in the year-ago period. The sharp rise was led by a rise in imports, especially of oil and gold, as these grew more than weak export growth. March merchandise export...