India posts record goods deficit in October, gold imports rally 200% to drive the gap

India clocked its biggest-ever monthly goods trade deficit in October, according to fresh data from the Commerce Ministry on Monday, as gold shipments into the country exploded and exports to the U. S. continued to fall under the weight of steep new tariffs. The shortfall hit $41. 7 billion, shattering all previous monthly records and blowing past […] source: https://www.cryptopolitan.com/india-posts-record-goods-deficit-in-october/