Tag: gold imports India
Posted in Economy
India’s gold hunger stays unshaken as higher duties fail to close the import floodgates
India’s recent sharp increase in gold import duties has done little to slow demand for the precious metal, with imports continuing to rise even after…
Posted in Economy
Rising oil prices, gold imports to widen trade deficit, CAD may touch 1.5-2% of GDP: ICICI Securities
New Delhi [India], May 16 (ANI): With the West Asia conflict persisting and global oil prices likely to average around USD 100/bbl, India’s current account…
Posted in Economy
India’s import bill is likely to rise. Courtesy love for gold & gadgets amid rupee pain
India’s import bill is rising sharply once more, driven by a combination of a weakening rupee, elevated global prices for gold and crude oil, and…