A major reason for high current account deficit (CAD) in the last fiscal was high imports of gold.Gold, silver prices spurt on frantic buying in DelhiGold, silver imports dip 80.55 pct to $1.05 bn in November
Imports fell by 16.37 per cent to $33.83 billion, which is the lowest figure since March 2011.
India's economy appears to have recovered on the back of a rebound in exports, ADB said.
BHP Billiton in October said it has exited nine out of its 10 oil and gas exploration projects in In...
Any downgrade from its current ratings would place India's debt in 'junk' category: S&P's
However, further reforms in labour and land markets are essential to translate growth into more empl...