India says not considering immediate gold import duty cut
India is not considering an immediate cut in gold import duties, Trade Minister Nirmala Sitharaman said on Wednesday, extending a policy that has helped narrow the country`s trade deficit but is believed to have led to an increase in smuggling.
Sep 10, 2014, 20:22 PM IST
Gold imports dip 26.39% to $1.81 billion in July
Imports of gold in July 2013 stood at USD 2.46 billion.
Aug 14, 2014, 22:40 PM IST
Gold import falls by 43% to 351 tonnes in H1, 2014
Gold imports fell by 43 percent to 351 tonnes in the first six months of this year as a hike in import duty curbed inbound shipments, according to the World Gold Council (WGC).
Aug 14, 2014, 19:51 PM IST