People familiar with the matter told ET that commercial banks have also suggested imposition of temporary curbs on imports of ‘non-essential’ goods, such as gold, to conserve dollars. An unabated surge in the dollar could prompt targeted interim measures from Mint Road.
The move has come after the price of tur and urad saw a sharp jump in prices this week. The prices of the two commodities
Analysts at Goldman Sachs India in a report on Friday said the headline inflation will average 5.3 per cent this year, which is within the
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