Business community urge for repealing PIDC to promote trade activities in province
Business community urge for repealing PIDC to promote trade activities in province
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Business community urge for repealing PIDC to promote trade activities in province
Silver imports during the month, however, dipped by 88.53 per cent to about $11.9 million. The rise in gold imports pushed the country's trade deficit to $15.1 billion in April 2021 as against $6.76 billion in the same month a year ago. Jump in demand According to industry experts, increasing domestic demand is pushing up imports of gold, however, the second wave of COVID-19 may impact the demand in the coming months. Akshaya Tritiya, a highly auspicious day to purchase gold, also saw muted sales as compared to pre-COVID numbers, with the new pandemic wave and resultant restrictions and parti...
Read more about Gold import jumps to $6.3 bn in April due to surge in domestic demand on Business Standard. Gold import, which has a bearing on the country's current account deficit, zoomed to $6.3 billion for the month of April due to a surge in domestic demand, according to the Commerce Ministry data.
Akshaya Tritiya, a highly auspicious day to purchase gold, also saw muted sales this year
Silver imports during the month, however, dipped by 88.53 per cent to about $11.9 million.