New Delhi: India is not planning to impose any further curbs on gold imports as the current account deficit is under control, Trade Secretary Rajeev Kher said on Wednesday.
India's gold imports in November reached 151.58 tonnes, according to data provided by India's trade ministry, marking a 38 percent increase from 109.55 tonnes in October.
On Nov. 28, India scrapped a rule mandating traders to export 20 percent of all gold imported into the country, in a surprise move that aimed to cut smuggling and raise legal shipments into the world's second-biggest consumer of the metal after China.
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Updated Date: Jan 07, 2015 19:55:04 IST