Last Updated: Thursday, August 14, 2014, 22:40
Imports of gold in July 2013 stood at USD 2.46 billion.
Last Updated: Thursday, August 14, 2014, 22:27
The government on Thursday hiked the import tariff value on gold and silver to USD 426 per 10 grams and USD 650 per kg, respectively, taking cues from firm global prices.
Last Updated: Thursday, August 14, 2014, 19:51
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).
Last Updated: Thursday, August 14, 2014, 09:56
Demand in 2014 will be 850-950 tonnes, the industry body said, down 50 tonnes from its earlier forecast.
Last Updated: Monday, August 11, 2014, 16:44
With restrictions on gold imports leading to rise in smuggling, Commerce and Industry Minister Nirmala Sitharaman has pitched for relaxing gold import duty as it is 'badly' hurting the gems and jewellery industry.
Last Updated: Sunday, August 03, 2014, 11:35
Currently, the premium on gold has come down to Rs 1 per gram of gold from Rs 200 per gram in April.
Last Updated: Friday, July 25, 2014, 16:42
The Finance Ministry on Friday said at present it has no proposal to lower customs duty on gold from the current 10 percent.
Last Updated: Friday, July 25, 2014, 15:35
Gold imports in 2013-14 stood at 638 tonnes, a decline of 25 percent over the previous fiscal, Parliament was informed on Friday.
Last Updated: Friday, July 25, 2014, 12:59
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.
Last Updated: Tuesday, July 22, 2014, 13:31
Both the government as well as the RBI took a series of steps to curb imports of gold and other non-essential items in addition to increase foreign exchange inflows.
Last Updated: Wednesday, July 16, 2014, 12:06
The trade deficit rose in June as gold imports jumped 65.13 percent to USD 3.12 billion from USD 1.88 billion in the same month last year.
Last Updated: Friday, July 11, 2014, 14:41
The government will consider relaxing curbs on gold import once the fiscal situation becomes more comfortable, Finance Minister Arun Jaitley said.
more videos >>