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India’s goods trade deficit in October shatters records, beating estimates, as gold imports surge 200%
cnbc.com/2025/11/18/indias-goods-trade-deficit-october-record-high-tariffs-gold-imports-.html
India's goods trade deficit hit an all-time high of $41.7 billion in October as gold imports surged on festive season demand, while exports to U.S. bore the brunt of steep tariffs.
The deficit, which was sharply wider than Reuters poll estimates of $28.8 billion, topped the previous…
This story appeared on cnbc.com, 2025-11-18 02:04:10.