India's unemployment rate stays steady at 5% in September
India's overall unemployment rate held steady at 5.0% in September 2026, compared to the previous month. The rural unemployment rate improved to 4.2%, while urban unemployment increased slightly to 6.9%. The gender-specific unemployment rates showed stability, although urban female unemployment rose to 9.2%. The Labour Force Participation Rate for September 2026 was reported at 55.5%, reflecting…
India's gold imports declined by 27% to $19.27 billion in the April-September 2026 quarter, compared to $26.51 billion during the same period in 2025, according to data released by the Ministry of Commerce and Industry. The decrease was attributed to the government's decision to raise import duties on gold and silver from 6% to 15% in May 2026, making imports more expensive.
This move aimed to curb precious metal imports amidst pressure on the rupee and foreign exchange reserves. India heavily relies on overseas gold purchases to meet domestic demand, and lower gold imports could help alleviate pressure on the country's merchandise trade deficit.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- India’s gold imports fall 27% to $19.27 billion in April–September 2026 thehindubusinessline.com
- India's trade deficit widens to $30.21 billion in September despite 23% jump in exports economictimes.indiatimes.com
