October Trade Deficit Shrinks Due To Lower Oil & Gold Imports

ET NOW 2015-11-18

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The trade deficit for the month of October has shrunk to $9.77bn on the back of lower oil & gold imports, while wholesale prices continue to be depressed, amidst a global bear cycle in commodities. Wholesale prices in India for the month October shrank another 3.8 % after a 4.5% fall a month ago. Here’s a report.

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