India central bank deputy says talking to govt on increasing gold import curbs
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[NEW DELHI] The Reserve Bank of India is in talks with the government for a decision on increasing curbs on gold imports, RBI Deputy Governor SS Mundra said on Monday.
The RBI deputy also said attention needed to be paid to the surge in gold imports at a briefing with reporters in the capital.
October shipments to India, the world's No 2 gold consumer behind China, jumped to about 150 tonnes from less than 25 tonnes a year earlier and 143 tonnes in September, a finance ministry official said last week.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
