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Govt raises gold's import tariff value

Last Updated: Sunday, March 16, 2014, 13:07

The tariff value is revised on a fortnightly basis after analysing the global price trend.

'Govt working for relaxation of curbs on gold imports'

Last Updated: Tuesday, March 11, 2014, 20:55

The commerce ministry Tuesday said the government is working towards relaxation of curbs on the gold imports.

Govt tightens checks to curb gold smuggling

Last Updated: Monday, March 03, 2014, 13:03

"Government agencies are raiding and seizing gold at various places and asking to reconcile the (gold bar) number with the imported gold," said India Bullion and Jewellers Association (IBJA) general secretary Surendra Mehta.

Gold import curbs to be reviewed by March end: Chidambaram

Last Updated: Monday, January 27, 2014, 12:41

The restrictions on gold imports will be reviewed by March end, Finance Minister P Chidambaram said Monday.

Curbs on gold imports to stay, at least till March: Mayaram

Last Updated: Tuesday, January 07, 2014, 16:31

Restrictions on gold imports are likely to continue until at least March-end, notwithstanding an improvement in the current account deficit situation.

Chidambaram favours continuation of curbs on gold imports

Last Updated: Monday, December 30, 2013, 18:10

Notwithstanding the likelihood of the current account deficit (CAD) narrowing to less than USD 50 billion, Finance Minister P Chidambaram Monday made a case for continuing some kind of restriction on gold imports.

Gold import curbs to stay despite easing trade gap

Last Updated: Tuesday, December 17, 2013, 09:40

India will keep a tight leash on gold imports despite a recent improvement in its trade deficit and lobbying by a bullion industry struggling with high premiums and a supply crunch.

Gold imports plunges to $650 million in August

Last Updated: Tuesday, September 10, 2013, 21:00

Gold imports have fallen sharply to USD 650 million in August on account of a slew of steps taken by government to curb inbound shipments of the precious metal, a development that will help narrow the record current account deficit.

Gold imports rise in July: Chidambaram

Last Updated: Monday, July 29, 2013, 14:33

Gold imports in India, the world's biggest buyer of the metal, rose in July, Finance Minister P. Chidambaram said on Monday, from 31.5 tonnes shipped in June.

Govt cuts import tariff value of gold, silver

Last Updated: Monday, June 24, 2013, 22:01

The government Monday slashed the import tariff value of gold to USD 421 per ten grams and that of imported silver to USD 709 per kg, considering the falling trend in global prices.

Gold import curbs may have adverse impact: Trade lobby

Last Updated: Wednesday, June 19, 2013, 22:07

A trade body Wednesday said the restriction on import of gold imposed recently by the government may bring short-term benefits but warned it would do more harm than good for the nation in the long run.

No additional steps to curb gold imports: FinMin

Last Updated: Tuesday, June 11, 2013, 18:10

Government is not contemplating additional measures to curb gold imports which are expected to drop substantially this month, a senior Finance Ministry official said Tuesday.