Merchandise trade deficit may narrow to $26.1bn in Aug on festive gold demand

Sep 11, 2025 - 13:30
Merchandise trade deficit may narrow to $26.1bn in Aug on festive gold demand

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India's merchandise trade deficit saw a slight decrease in August 2025, according to a Union Bank of India report, primarily driven by increased gold imports for the festive season. However, the ongoing stalemate in the India-US trade deal continues to pressure trade dynamics, impacting export growth.

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