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IMD : Conditions Favour Monsoon Onset Over Northeast India By May 30-31

Gold Customs Duty Cut: RBI Reluctant

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January 17: Customs duty on gold has been hiked from 2.5% to 10% in just the last year on account of high CAD. Now with gold imports falling to its lowest levels in a decade, the finance ministry has come out with a proposal to reduce customs duty on gold. But sources say the proposal is running into resistance from the central bank. Bloomberg TV India’s Jayshree Pyasi shares a detailed report.