Search For "gold import"
CBI takes custody of alleged economic offender Monika Kapoor in US, ends 2
Updated : 10 months, 3 weeks ago IST
As per the CBI statement, fugitive Monika Kapoor, Prop Of Monika Overseas, in conspiracy with her brothers, namely Rajan Khanna and Rajiv Khanna, forged export documents viz. shipping bills, invoices and bank certificates of export and realization during the year 1998 and obtained 6 reple
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Govt imposes import restrictions on certain gold-containing precious metal
Updated : 11 months, 2 weeks ago IST
The Ministry of Commerce and Industry has announced new import restrictions on certain precious metal alloys containing gold, as well as colloidal metals and chemical compounds.
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Amid record gold prices, people selling old gold jewellery and booking pro
Updated : 1 year, 3 months ago IST
The record-breaking surge in gold prices has dimmed the appeal of the retail jewellery demand. The drop in gold imports in January also indicates the pullback in demand.
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Any increase in import duty in Budget may have adverse effect: World Gold
Updated : 1 year, 4 months ago IST
The government's decision last July to reduce import duties on gold has significantly had a positive impact on the industry, and any increase in tariffs in the upcoming Budget may have adverse effects, said World Gold Council.
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India's CAD likely to exceed 2 pc of GDP in Q3 FY25 amid gold import surge
Updated : 1 year, 5 months ago IST
Resilient services exports and remittance inflows are likely to cushion the overall impact, keeping the CAD for FY25 within a manageable range of 1.2 per cent-1.5 per cent of GDP.
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High Gold imports has driven India's trade deficit to 10-month high in Aug
Updated : 1 year, 8 months ago IST
The surge in trade deficit in the month of August was primarily driven by record gold imports totalling USD 10.1 billion, said a report by Emkay.
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Gold Imports Surge during April-August 2024, while exports of Gems and jew
Updated : 1 year, 8 months ago IST
India's export of gems and jewellery declined to USD 11.10 billion in April-August 2024, compared to USD 12.43 billion during the same period in 2023. This dip comes even as the domestic demand for jewellery remains strong, driven by rising gold imports and changing consumer buying patterns.
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Domestic gold prices surge 10% amid global price rally, central bank buyin
Updated : 1 year, 9 months ago IST
The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the recently concluded India International Jewellery Show indicate a substantial increase in order bookings from retailers, particularly in preparation for the upcoming festive and wedding season.
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Gold shines as demand for safe haven asset strong; Infomerics Ratings anti
Updated : 1 year, 9 months ago IST
The dragged geopolitical crisis in the Middle East has spurred a rush into safe-haven assets such as gold. Historically, gold, as an asset, is considered a haven as it typically manages to retain or appreciate its underlying value in times of turbulence.
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Gold surges 12 pc year-to-date, outperforming major asset classes: WGC
Updated : 1 year, 11 months ago IST
Exhibiting remarkable performance, the gold rose by 12 per cent year-to-date and outpacing most major asset classes, the World Gold Council said in its Gold Mid-Year Outlook 2024.
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India's jewelry retail sector has surged to USD 80 bn from USD 50 bn in 20
Updated : 1 year, 11 months ago IST
India's jewelry retail sector has surged to USD 80 billion (Rs 6400 billion) in the financial year 24 from USD 50 billion in 2018, according to a report by Motilal Oswal Financial Services.
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India imposes restrictions on certain studded gold jewellery imports
Updated : 1 year, 11 months ago IST
The central government has imposed restrictions on the import of certain gold-studded jewellery and articles.
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