Last Updated: Sunday, June 09, 2013, 21:05
With spiralling gold imports putting huge pressure on the current account deficit, government last week hiked the import duty on the metal to 8 percent, up by 2 percent, in a bid to rein in demand.
Last Updated: Thursday, May 30, 2013, 19:59
With demand being robust due to fall in gold prices, India's import of the yellow metal in April-June period is expected to touch a record level at 300-400 tonnes, according to the World Gold Council (WGC).
Last Updated: Thursday, February 14, 2013, 23:09
Gold demand globally reduced by 4 percent to 4,405.5 tonnes in 2012 due to less demand from India, a report by World Gold Council said on Thursday.
Last Updated: Thursday, February 14, 2013, 15:42
Total jewellery demand in the country in 2012 was down by 11 percent to 552 tonnes, compared to 618.3 tonnes in 2011.
Last Updated: Friday, February 17, 2012, 08:32
But the country's fourth-quarter imports figure came short of a previous forecast of more than 281 tonnes.
Last Updated: Wednesday, August 31, 2011, 21:56
India and China accounted for more than half of overall global demand for gold jewellery in three months ended June 2011, says a report.
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