Gold googly bamboozles import data

India’s overall import bill for the first eight months of 2024-25, reckoned to have grown 8.35% at $486.73 bn, has been pared by almost 3% to $472.5 bn, as per DGCIS data; the dramatic revisions alarm economists and one calls it ‘statistical harakiri’

Jan 9, 2025 - 00:00
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Gold googly bamboozles import data
India’s overall import bill for the first eight months of 2024-25, reckoned to have grown 8.35% at $486.73 bn, has been pared by almost 3% to $472.5 bn, as per DGCIS data; the dramatic revisions alarm economists and one calls it ‘statistical harakiri’

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