Tag: current account deficit

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Gold Import Duty Hiked To 15%: Why India Raised Tax On Gold And Silver Imports Amid Forex Pressure

Days after Prime Minister Narendra Modi appealed to citizens to avoid buying gold for a year, the Centre has announced a major increase in import duty on gold and silver. Tap to read more......

India’s Forex Reserves Dip by 2.63%, Not the Steepest Decline in Two Decades: Government Clarifies

Minister of State for Finance points to 2008 global financial crisis as the period with the sharpest decline in forex reserves. New Delhi, December 16:...