Centre Hikes Gold Import Tax To 12.5% As Rupee Hits Record Low
[ad_1] India fulfils most of its gold demand through imports. Mumbai: India has raised its basic import duty on gold to 12.5% from 7.5%, the government said on Friday, as….
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Rupee Hits New Record Low Of 78.78, But RBI Intervention Limits Slide
[ad_1] Rupee at record lows, but RBI intervention slows slide Tuesday saw new lows for the rupee versus the dollar as rising oil prices stoked worries about long-term inflation. However,….
Forex Reserves Fall As Rupee Hits New All-Time Lows Repeatedly
[ad_1] India’s forex reserves dip by nearly $5.9 billion to $590.59 billion India’s foreign exchange reserves fell to their lowest in over a year, dropping nearly $6 billion to about….