Gold imports to climb in coming months: GJEPC
The Hindu
‘Festival season to spur demand’
India’s gold imports are expected to grow further in the coming months on account of peak demand due to the festive and wedding seasons, the Gem and Jewellery Export Promotion Council (GJEPC) projected on Wednesday.
Gold imports, which have a bearing on the current account deficit, zoomed to about $24 billion in the April-September period.

The latest Household Consumption Expenditure Survey (HCES) by MoS&PI reveals a transformative shift in India’s economic landscape. For the first time in over a decade, granular data on Monthly Per Capita Expenditure (MPCE) highlights a significant decline in the proportional share of food spending—a classic validation of Engel’s Law as real incomes rise. Between 1999 and 2024, both rural and urban consumption pivoted away from staple-heavy diets toward protein-rich foods, health, education, and conveyance. As Indian households move beyond subsistence, these shifting Indian household spending patterns offer vital insights for social sector policy, poverty estimation, and the lived realities of an expanding middle-income population.












