India's current account deficit is likely to be $35 billion in the current fiscal year, the finance minister said on Monday, much lower than about $88 billion recorded in the previous fiscal year.
India, desperate to trim a gaping current account deficit, took a slew of measures last fiscal year to curb demand for bullion, its second-biggest import after oil.
|Gold Rate in Chennai||Rs. 27190.00 (-0.11%)|
|Gold Rate in Mumbai||Rs. 28150.00 (-0.04%)|
|Gold Rate in Delhi||Rs. 27900.00 (0%)|
|Gold Rate in Kolkata||Rs. 28020.00 (0%)|
|Gold Rate in Kerala||Rs. 27100.00 (-0.73%)|
|Gold Rate in Bangalore||Rs. 26650.00 (-1.84%)|
|Gold Rate in Hyderabad||Rs. 27210.00 (-0.37%)|