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Jaitley hints curbs on gold import could go after fiscal situation improves

Jul 11, 2014

Jaitley hints curbs on gold import could go after fiscal situation improves

As a result of combined efforts, imports of gold has been declining. They fell by 72 percent to $2.19 billion in May due to restrictions imposed by the government. #Gold #fiscal deficit #Arun Jaitley #Excise #Current Account Deficit #imports #Duty #CAD
Market celebrations Why Sensex can hit 25,000 by March 2015

Mar 18, 2014

Market celebrations Why Sensex can hit 25,000 by March 2015

The market is clearly running ahead on hope and hype. That said, there are some fundamental reasons to predict an index rise in 2014-15 #Economy #Sensex #India #market #GDP #UPA #Congress #BJP #fiscal deficit #CAD #AAP #Lok Sabha elections 2014
RBI expects CAD to decline to 2.5%, raises hope of gold import duty cut

Jan 28, 2014

RBI expects CAD to decline to 2.5%, raises hope of gold import duty cut

There is pressure on the government to reduce import duty on gold and relax inward shipment of the metal. The government had raised the customs duty on gold in phases from 4 percent to 10 percent in 2013 to check CAD. #Economy #Inflation #Gold #P. Chidambaram #RBI #Reserve Bank of India #FDI #Raghuram Rajan #Current Account Deficit #PolicyWatch #CAD