Lower Demand For Diamonds And Phones Is Helping Rein In India’s Imports
The Hyundai Force container ship sits docked at the Jawaharlal Nehru Port, operated by Jawaharlal Nehru Port Trust (JNPT), in Navi Mumbai, Maharashtra, India, on Saturday, Dec. 16, 2017. Photographer: Dhiraj Singh/Bloomberg  

Lower Demand For Diamonds And Phones Is Helping Rein In India’s Imports

High oil prices and strong demand for consumer goods like diamonds and smart phones had pushed up India’s import bill through much of 2018. That, together with modest export growth, led to a wideni...
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