Gold imports fall 81% in April-July to $ 2.47 billion
New Delhi: India’s gold imports, which impact the current account deficit (CAD), plunged 81.22% to $ 2.47 billion (around Rs 18,590 crore) over the course of the period from April to July 2020-2021 due to a significant drop in demand in the wake of the COVID-19 pandemic, according to data from the Ministry of Commerce.
Imports of the yellow metal amounted to $ 13.16 billion (roughly Rs 91,440…
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