....While Finance Minister P Chidambaram hinted at making gold costlier, the central bank is firmer in its intentions. On January 2, Chidambaram asked the people to moderate gold buying, saying, “… we may be left with no choice but to make it a little more expensive to import gold. This matter is under the Government’s consideration.” Hours later, an RBI working group said fiscal measures to reduce gold imports might be revisited......
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