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Get this 3,000 kg of gold smuggled every month, claims Chidambaram

Jan 28, 2014

Get this 3,000 kg of gold smuggled every month, claims Chidambaram

Finance Minister P Chidambaram admitted on Monday that gold smuggling has increased in the wake of higher duties and other curbs on the import of the yellow metal into the country. #Gold #P. Chidambaram #TheySaidIt #CAD #Gold Import #Gold smuggling
Govt may review restrictions on gold imports by March-end FM

Jan 27, 2014

Govt may review restrictions on gold imports by March-end FM

The Indian government could review restrictions on gold imports, which include a record 10 percent import duty, by the end of this year, Finance Minister P Chidambaram said on Monday. #Sonia Gandhi #Gold #fiscal deficit #Chidambaram #gold imports #Fiscal year #CAD
Relaxing gold import curbs Chidambaram defies Sonia?

Jan 23, 2014

Relaxing gold import curbs Chidambaram defies Sonia?

Soon after CNBC-Awaaz TV channel reported, citing sources, that Congress President Sonia Gandhi has written a letter to the government seeking relaxation on gold import curbs, Finance Minister Chidamabaram said that no such move is possible until the countrys current account deficit comes under control. #Sonia Gandhi #P. Chidambaram #World Economic Forum #Davos #CAD #Gold import curbs
Taper scare Gold import curbs here to stay despite easing trade deficit

Dec 17, 2013

Taper scare Gold import curbs here to stay despite easing trade deficit

India will keep a tight leash on gold imports despite a recent improvement in its trade deficit and lobbying by a bullion industry struggling with high premiums and a supply crunch. #PolicyWatch #Indian rupee #gold imports #CAD #US taper
Recovery path? India narrows CAD to $ 5.2 bn in Q2

Dec 03, 2013

Recovery path? India narrows CAD to $ 5.2 bn in Q2

The RBI said the turnaround in export growth and decline in imports from July 2013 onwards led to a sharp improvement in the trade deficit to $83.8 billion in the first half of 2013-14. #Economy #Numbers #GDP #P. Chidambaram #fiscal deficit #Current Account Deficit #Gold Import #Forex reserve

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Only reining in dollar demand, building buffers will help rupee now

Aug 12, 2013

Only reining in dollar demand, building buffers will help rupee now

What do we do about the rupee? This is a question that is nagging everyone because notwithstanding all the measures that have been invoked so far to stabilise the rupee, it just keeps slipping downwards. #RBI #Rupee #FDI #FII #CurrencyWatch #Gold Import
Dont rejoice just yet. Falling gold prices may not reduce CAD

Apr 29, 2013

Dont rejoice just yet. Falling gold prices may not reduce CAD

High price sensitivity of demand may actually increase Indians demand for gold and eventually end up with little or no impact on the CAD. #Economy #Inflation #Gold #RBI #Current Account Deficit #ExpertView #gold imports #policy