Current account deficit

- Sakshi Post

Centre Imposes Import Duty on Gold, Cess on Petro Product Exports

Jul 01, 2022
The Central government hiked import duty on gold to 15% from 10.75% currently to ease pressure on the current account deficit (CAD) due to surging gold imports.
Gold imports fell by about 48 per cent to $3.90 billion in the first quarter of 2016-17 from $7.51 billion in April-June 2015. - Sakshi Post

Gold import nearly halves to $3.90 bn in Apr-Jun; yellow metal at 2-week low 

Jul 18, 2016
Drop in precious metals
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