Huge gold import a cause of high CAD: Rangarajan
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Huge gold import a cause of high CAD: Rangarajan

Hyderabad : India | Aug 12, 2012 at 6:57 AM PDT
Source: The Economic Times
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India's huge gold imports in the last financial year at USD 60 billion was partially responsible to high current account deficit, Prime Minister's Economic Advisory Council Chairman C Rangarajan has said. According to Rangarajan, India saw USD 60 billion worth of gold imports last year and the situation... FULL ARTICLE AT The Economic Times
 
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