The gold imports grew 78.33 per cent to $3.13 billion in April 2015
Gold imports increased 10.47 per cent to $2.42 billion in May from $2.19 billion in the same month of 2014.
The gold imports grew 78.33 per cent to $3.13 billion in April 2015. In November last year, RBI had cancelled the 80:20 scheme.
The current account deficit (CAD) in the first half of last fiscal declined to 1.9 per cent of GDP ($18 billion) from 3.1 per cent ($27 billion) in the same period of the previous year.
India is one of the largest importers of gold, which mainly caters to the demand of the jewellery industry.
The gold imports grew 78.33 per cent to $3.13 billion in April 2015. In November last year, RBI had cancelled the 80:20 scheme.
The current account deficit (CAD) in the first half of last fiscal declined to 1.9 per cent of GDP ($18 billion) from 3.1 per cent ($27 billion) in the same period of the previous year.
India is one of the largest importers of gold, which mainly caters to the demand of the jewellery industry.
No comments:
Post a Comment