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gold imports to slide in india this fiscal government

  • economic intelligence bulletin - DGSND

    Nov 24, 2016 . The Indian rupee fell to a record low, pressured by the U.S. dollar, capital . Despite repeated interventions by the central bank to slow the slide, the rupee .. The government has also taken strong action to keep its fiscal and current . including by keeping a lid on spending and curbing imports of gold.

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  • Economy | National Portal of India

    Aug 21, 2013 . In the last fiscal year, which ended March 31, India recorded growth of 5 percent, the . In a further attempt to stem the rupee's slide and the depletion of its foreign . The import of gold coins, which the government claims has.

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  • 1991 Indian economic crisis - Wikipedia

    Apr 5, 2014 . The major Imports of India & Steps Taken By Government of India to . Gold imports into India, may be 750 tonnes in the fiscal year ending 31.

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  • Export Finance: Meaning and Export Credit in India

    Nov 15, 2013 . The trigger for the rupee's 30% slide against the dollar from May to August, . In the fiscal year ending March 2013, India's net oil import was 2.6 million . the Indian government will have to spend hundreds of billions of dollars, . easy ways to cut the current account deficit, notably taxes on gold imports.

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  • Balance of payments in India | Sanhita Athawale -

    Nov 23, 2016 . Reports emerge of possible gold curbs by the Indian government. . If poorly executed, the fiscal reform will take the economy backward by.

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  • India's gold obsession is increasing the wealth gap -- New .

    Jun 29, 2014 . The Indian government could lose a staggering USD 3 billion in revenues over a . Last fiscal, India imported about 825 tonnes of gold. . contain a record current-account deficit and stymie slide of the domestic currency.

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  • Gold-laden brides in India defying government's import curbs .

    Sep 15, 2016 . The trade deficit in the first five months of the current fiscal year has fallen by . India's gold imports fell for a seventh straight month in August to $1.1 . Exporters have been lobbying the government and the central bank for a.

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  • CRISIL Insights

    Sep 21, 2013 . India's currency is one of the worst performing currencies in Asia. . CAD for the previous fiscal (2012-13) was $87.8 billion. 2. . the rupee depreciation and the steps taken by the Government/RBI to control the rupee slide . Despite these measures taken by the government, the gold import is increasing.

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  • (IT) and Information Technology Enabled Services - Deloitte

    Oct 30, 2015 . India's strong economic growth has helped buoy the . policy-induced fall in the volume of gold imports and, .. central government fiscal deficit widened to over 10 percent of . Asian economies, but continues to slide in India.

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  • Gold: How does gold import impact a country's current account .

    Sep 29, 2013 . Every year India imports crude oil and gold worth billions of dollar and that . Fiscal deficit reaches nearly 63% of full-year target: Govt Net tax.

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  • gold import: Latest News on gold import | Top Stories .

    Nov 11, 2014 . of the Government under the Fiscal Responsibility and Budget .. Eliminating the quantitative restrictions on gold;. ○. Expediting . there has been a substantial reduction in the global prices of India's major commodity imports-.

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  • COVID-19 impact: India's exports plunge to record low of .

    Jan 13, 2017 . India's gold imports registered a sharp fall of 55 percent by value (in dollar terms) . the volatility in gold imports may be linked to the government's decision to .. said Indian economy will grow by 7.1 per cent in the current fiscal before .. India February steel imports slide 46 percent to 491,000 tonne; India.

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  • Economic Survey - Volume-I - Capital Market

    Gold imports slide 51% to $2.7 billion in April-May. Gold imports fell by about 51 percent to USD 2.7 billion in April-May this fiscal, which is . The government Wednesday raised import tariff value on gold marginally to USD 347 per 10 . The UAE Monday raised the issue of India's high gold import duty affecting its exports to.

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