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Many people are happy about the reduction in the trade deficit, but the reality is that the reason behind India's trade deficit decreasing is that India has slightly reduced its imports of gold, silver, and crude this time.

RBI has sent back 100 tonnes of its gold reserves from Britain to India. During the crisis in 1991, we had to send gold out overnight.

Now Finally RBI taken our gold from UK ( Britain ) . Great achievement by India. This gold belongs to India 🇮🇳. Few decades ago India give that gold to UK because of bad economic conditions.

My Greetings, Does anyone know statistical data on gold imports and mining in india, every year till 2024. Does anyone have statistics data on it.

RBI Increases Gold Purchases The Reserve Bank of India has significantly increased its gold purchases, buying 50 tonnes so far in FY25. This move aims to diversify its foreign exchange reserves and mitigate revaluation risks, as part of efforts to m

India’s Gold Loan Market: A Glittering Opportunity The Sparkling Growth: Bajaj Finserv Ltd., a diversified NBFC, predicts India’s gold loan market—valued at $55.52 billion in 2022—will soar to $124.45 billion by 2029. A 12.22% annual growth fuels t

What Happens When Forex Reserves Decline? We should understand it, Because India is going through that. Let’s break it down step by step. Let’s Understand What Forex Reserve Is Forex reserves are a country’s savings in foreign currencies, gol

Delivering gold/silver coins in 10 Minutes ‼️ Now this going serious, this doesn't seems good to me for obvious reasons. Yk how people will misuse this. Ex: people used to order original Nike shoes and used to give the fake one in return also yk t

India is facing current account deficit means in easy way the imports are more than exports that is effecting in Indian economy.Here is the list of most imported things and approx percentage Imports: 1. Petroleum: 25.88% 2. Electronics: 20.72% 3.

Good news, good news Our current account (difference between imports and exports) is at a surplus India recorded a current account surplus of 5.7$ in the quarter ending In March of 2024 Bad news Our exports Of Gem and jwellery export last month