
Oil and gold imports push India’s October trade deficit to US$39.88 billion
India’s merchandise trade deficit widened to a one-year high of US$39.88 billion in October 2026, as higher energy costs and festive-season gold purchases pushed imports

India’s merchandise trade deficit widened to a one-year high of US$39.88 billion in October 2026, as higher energy costs and festive-season gold purchases pushed imports

India’s merchandise trade deficit widened to a one-year high of