India’s merchandise trade deficit saw a slight decrease in August 2025, according to a Union Bank of India report, primarily driven by increased gold imports for the festive season. However, the ongoing stalemate in the India-US trade deal continues to pressure trade dynamics, impacting export growth. Post navigation Urban Company IPO: Issue gets subscribed 553% by Day 2; GMP signals strong debut prospects Provident Fund withdrawals by ATM, bank-like seamless transactions: EPFO may rollout benefits before Diwali; check details