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Gold price hovers near 2.5-month low on firm equities, fund outflows

Gold price hovers near 2.5-month low on firm equities, fund outflows

Last Updated: Wednesday, April 23, 2014, 10:19

Gold was trading flat at USD 1,284.49 an ounce Wednesday. It fell to a low of USD 1,277.10 on Tuesday - its weakest since Feb. 11.

India's vegetable oil imports decline 6% in March

Last Updated: Tuesday, April 15, 2014, 14:17

The country's vegetable oil imports fell by 6 percent to 8.35 lakh tonnes in March due to a continuous fall in shipments of palm oil, industry body SEA said on Tuesday.

Exports dip 3.15% in March, annual trade deficit improves

Last Updated: Friday, April 11, 2014, 19:04

India's exports grew 3.98 percent to USD 312.35 billion in 2013-14, while imports dipped 8.11 percent to USD 450.94 billion, narrowing the trade deficit to USD 138.59 billion, according to data from the Ministry of Commerce and Industry.

Gold, silver imports dip 40% to $33.46 billion in 2013-14

Last Updated: Friday, April 11, 2014, 14:39

In March, the imports of the precious metals were down by 17.27 percent to USD 27.58 billion from USD 33.33 billion in the same month previous year.

Exports up 3.98% at $312.35 billion in 2013-14

Last Updated: Friday, April 11, 2014, 13:48

India's exports grew by 3.98 percent to USD 312.35 billion in FY 2013-14 while imports dipped by 8.11 percent during the period.

China exports fall for second straight month in March

Last Updated: Thursday, April 10, 2014, 09:55

Exports fell 6.6 percent in March from a year earlier, following an 18.1 percent slide in February, the Customs Administration said on Thursday.

China imports less gold as demand wanes, currency weakens: Sources

Last Updated: Friday, April 04, 2014, 12:14

The yuan depreciated 2.5 percent in February and March, its biggest two-month loss since China established the domestic foreign exchange market in 1994.

Rajan hints at gradual easing of gold import curbs

Last Updated: Wednesday, April 02, 2014, 19:42

Earlier this week, Finance Minister P Chidambaram had indicated that the government might further ease restrictions on gold imports after the monetary policy.

'Extend anti-dumping duty on raw silk imports from China'

Last Updated: Wednesday, April 02, 2014, 18:09

To boost domestic silk production, Assocham has urged the government to extend anti-dumping duty on raw silk imports from China, which have grown by 7 percent during the last 12 years, till December 2015.

RBI liberalises norms for rough diamond imports

Last Updated: Tuesday, April 01, 2014, 23:08

The list had since been increased to nine and has now been relaxed completely, subject to certain conditions.

Govt may further ease restrictions on gold import soon: FM

Last Updated: Monday, March 31, 2014, 19:46

"Let the RBI's monetary policy be announced tomorrow and then we will consider whether some relaxation can be done," he said.

Indian exports will fall short of $325 billion target: Sharma

Last Updated: Tuesday, March 25, 2014, 16:49

For the April-February period, the country's merchandise exports were up 4.79 percent to USD 282.7 billion.