India's 2013/14 current account deficit likely to be $35 billion - finance minister

NEW DELHI (Reuters) - India's current account deficit is likely to be $35 billion in the current fiscal year, the finance minister said on Monday, much lower than about $88 billion recorded in the previous fiscal year.

India, desperate to trim a gaping current account deficit, took a slew of measures last fiscal year to curb demand for bullion, its second-biggest import after oil.

(Reporting by Rajesh Kumar Singh; editing by Malini Menon)