India's current account deficit, a key area of concern, narrowed sharply in the second quarter after a series of measures helped curb gold imports.
Showing posts with label gold imports. Show all posts
Showing posts with label gold imports. Show all posts
Wednesday, December 4, 2013
Wednesday, June 12, 2013
India considers easing rules for sovereign wealth funds to stem rupee fall
NEW DELHI (Reuters) - The finance ministry, the RBI and market regulators on Monday discussed loosening rules for investment by foreign sovereign wealth funds in response to a sharply falling rupee and a wide current account deficit that are hurting the economy.
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