‘One early warning signal Madam…’: Nilesh Shah cautions Nirmala Sitharaman on rising gold imports
Kotak Mahindra AMC’s MD and CEO, Nilesh Shah, has warned Finance Minister Nirmala Sitharaman of a potential surge in India’s gold import bill after the customs duty cut and rising international prices. “”One early warning signal Madam, we (India) are importing about 700 tonnes of gold, which is (worth) about $35-40 billion. With the reduction … Read more