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1 day agoIndia’s gold reserves surpass 880 tonnes as trade diversification and GST reforms shape outlook
The Reserve Bank of India’s gold reserves have crossed 880 metric tonnes, reinforcing the country’s financial stability buffer amid global currency volatility. India continues expanding trade with Russia, focusing on pharmaceuticals and agricultural goods despite US-led geopolitical pressure. Economists expect inflation to decline further as GST rationalization measures take effect and domestic supply chains stabilize. Core sector growth slowed to 3% in September, led by weaker coal and oil output, though underlying consumption trends remain resilient.
positive
1 day agoIndia’s gold reserves surpass 880 tonnes as trade diversification and GST reforms shape outlook
The Reserve Bank of India’s gold reserves have crossed 880 metric tonnes, reinforcing the country’s financial stability buffer amid global currency volatility. India continues expanding trade with Russia, focusing on pharmaceuticals and agricultural goods despite US-led geopolitical pressure. Economists expect inflation to decline further as GST rationalization measures take effect and domestic supply chains stabilize. Core sector growth slowed to 3% in September, led by weaker coal and oil output, though underlying consumption trends remain resilient.
positive
India’s gold reserves surpass 880 tonnes as trade diversification and GST reforms shape outlook
1 day ago
1 min read
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India’s gold reserves exceeded 880 tonnes as trade diversification with Russia expanded and GST reforms supported lower inflation expectations amid global headwinds.
The Reserve Bank of India’s gold reserves have crossed 880 metric tonnes, reinforcing the country’s financial stability buffer amid global currency volatility. India continues expanding trade with Russia, focusing on pharmaceuticals and agricultural goods despite US-led geopolitical pressure. Economists expect inflation to decline further as GST rationalization measures take effect and domestic supply chains stabilize. Core sector growth slowed to 3% in September, led by weaker coal and oil output, though underlying consumption trends remain resilient.
The Reserve Bank of India’s gold reserves have crossed 880 metric tonnes, reinforcing the country’s financial stability buffer amid global currency volatility. India continues expanding trade with Russia, focusing on pharmaceuticals and agricultural goods despite US-led geopolitical pressure. Economists expect inflation to decline further as GST rationalization measures take effect and domestic supply chains stabilize. Core sector growth slowed to 3% in September, led by weaker coal and oil output, though underlying consumption trends remain resilient.
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economy
gold
economy
gold
RBI
trade
Source:
Oct 22, 2025 • 13:46 IST