A veteran bullion analyst expects monthly import to average 50 tonnes till December.
The RBI gauges both measures of inflation when deciding on monetary policy,
After fighting inflation for more than two years, Reserve Bank of India (RBI) Governor Duvvuri Subbarao finally managed to bring it below the five per cent level - the tolerance level of the central bank - in FY14.
The 30-share Sensex ended down 556 points at 27,886 and the 50-share Nifty ended down 158 points at 8,444.
AAP has promised lower electricity bills, free basic water supply.
For the seven months since February 2014, the benchmark index surged nearly 27%.
Leading brokerages Nomura and Barclays on said current account deficit, which unexpectedly improved to 4.8 per cent in 2012-13, but still at a historic high, could moderate further this fiscal on slowing gold imports and cheaper commodities.
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