Government is likely to spare gold from the list of items on which in plans to hike import duty in order to curb a widening current account deficit and arrest the rupee’s fall. The finance ministry is also reportedly planning a gold deposit programme aimed at attracting bullion lying with citizens, to cut imports of the metal by recycling it inside the country.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2OMjWol
