Govt Scales Down India’s Gold Imports Estimate By $5 Billion In November --Will It Be Positive For Indian Rupee?
Will the $5 billion downward revision in gold imports be a positive thing for Indian Rupee? Check What analyst says.
Jan 09, 2025, 11:24 AM IST
Commerce Ministry favours 'restriction free' gold imports to discourage smuggling
Commerce and Industry Minister Nirmala Sitharaman has pitched for 'restriction free' imports of gold to help gems and jewellery exports and also discourage smuggling.
Nov 27, 2016, 13:32 PM IST
Gold prices in India back at discount on weak demand
Gold prices in India swung to a discount to the global benchmark this week for the first time since mid July as a weak monsoon dampened demand in the world`s second-biggest consumer.
Sep 04, 2015, 12:50 PM IST
UAE raises gold import duty issue with India
The UAE Monday raised the issue of India's high gold import duty affecting its exports to the country even as the two nations agreed on a wide range of steps to boost their economic ties.
Aug 17, 2015, 22:50 PM IST
India, China account for 54% of total gold demand during Q1
India and China accounted for 54 percent of the total global gold consumer demand in the first quarter of this year, according to a report.
May 17, 2015, 15:39 PM IST
April-December gold imports stood around $26 bn
India imported gold worth nearly $26 billion during the April-December period of the current fiscal 2014-15, parliament was informed on Tuesday.
Mar 17, 2015, 20:46 PM IST
Govt to announce curbs on gold import in a day or two: Sources
In the wake of surge in gold imports, the government would soon impose some curbs on its inward shipment to prevent current account deficit (CAD) from going out of hand.
Nov 18, 2014, 11:47 AM IST
FinMin holds review meeting, may tighten gold import norms
Worried over surge in gold imports, the government is contemplating to put curbs on inward shipments of the precious metal by big private agencies.
Nov 13, 2014, 20:05 PM IST
India October gold imports surge to about 150 tonnes: Report
India`s gold imports surged to about 150 tonnes in October, Bloomberg said in a tweet, a volume that could pressure the government to tighten curbs on shipments of the metal.
Nov 13, 2014, 14:50 PM IST
Govt has no proposal to reduce gold import duty
India, desperate to trim a gaping current account deficit, took a slew of measures last year to curb demand for bullion, its second-biggest import after oil.
Jul 25, 2014, 12:59 PM IST