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India cuts Nov. gold imports by record $5 billion
After miscalculation, India cuts April-November gold import estimate by $11.7 billion
India sharply lowered its April-November 2024 gold import estimate by $11.7 billion on Thursday after precious metal trade figures were miscalculated due to some double counting.
India Fixing Record Trade Deficit After Overstating Gold Imports
India’s government is still finalizing revisions to gold import figures and trade data after discovering discrepancies in their calculation last month, according to people familiar with the matter.
India revises November gold import data, uncovering $5 billion error
India's gold import figures for November have been revised sharply downward to $9.8 billion, significantly lower than the previously announced $14.8 billion, according to data from the Directorate General of Commercial Intelligence and Statistics (DGCIS) released on Wednesday.
India slashes Nov gold imports by $5 billion in record commodity revision
India has slashed its November gold import estimates by an unprecedented $5 billion, the largest revision for any commodity in history, after errors in preliminary calculations inflated the figure to a record,
4h
on MSN
CNBC's Inside India newsletter: Stocks have 'bottomed out.' Here's what 2025 has in store
The Nifty 50 index has now re-entered correction territory – a 10% fall – since its most recent high in late September.
7h
India's TCS counts on Trump to boost US client spending
India’s No. 1 software services exporter Tata Consultancy Services (TCS) said on Thursday it is betting on Donald Trump's ...
2d
India’s Economy Set for Weakest Growth Since the Pandemic
India’s government lowered its economic growth projection for the fiscal year to the weakest since the pandemic, with ...
1d
Survivor recounts harrowing escape from deadly mine collapse in India
A survivor of a coal mine disaster in India has shared a harrowing account of the moments after the tunnel was suddenly ...
csis.org
6h
India’s Undeniable Economic Heft and American Economic Security
However, the security reasons for accelerating decoupling from China, at least in strategically significant sectors, remains ...
1d
Growth of Dirtiest Steelmaking Tests India’s Carbon Mission
India’s construction frenzy has triggered a rush to make steel on the cheap, using some of the dirtiest technology and ...
2d
Rescuers search for workers trapped in flooded coal mine in India’s Assam state
At least nine workers remained trapped inside a flooded coal mine in India’s northeastern Assam state, officials said Tuesday ...
14h
Taliban say India is a 'significant regional partner' after meeting
The Taliban's foreign office said they saw India as a "significant regional and economic partner" after meeting with its most ...
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