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RBI panel for higher customs duty on gold

Last Updated: Wednesday, January 2, 2013, 19:48

The Reserve Bank's suggestions came on the day when Finance Minister P Chidambaram said the government is considering steps to make gold imports more expensive.

Too many curbs on gold import will push up smuggling: PMEAC

Last Updated: Saturday, December 1, 2012, 18:38

"If we ban gold imports, the smuggling will go up... there are already indications that smuggling of gold has gone up in the last three months," C Rangarajan, Chairman of Prime Minister's Economic Advisory Council (PMEAC), said here.