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India mulls more import curbs to shore up rupee, curb a ballooning CAD

Business Standard India
India mulls more import curbs to shore up rupee, curb a ballooning CAD

India is considering a proposal to increase import duties on a raft of products ranging from plastic to steel as it seeks to curb a ballooning current-account deficit and prop up a sagging rupee, people familiar with the matter said. Prime Minister Narendra Modi's administration is planning to increase