Search For "india gold"
India's forex reserves continue to fall, kitty now stands 10% below peak
Updated : 1 year, 2 months ago IST
In the week that ended December 27, the country's foreign exchange kitty declined by USD 4.112 billion to USD 640.279 billion, data from the Reserve Bank of India (RBI) showed.
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"A new era of champions..." FIDE India Zone president hails country's doub
Updated : 1 year, 5 months ago IST
India displayed a stupendous performance at the ongoing International Chess Federation (FIDE) Chess Olympiad in Budapest to claim two gold medals in both men's and women's events on Sunday.
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Malabar Gold & Diamonds Wins India Gold Conference Responsible Jewelle
Updated : 1 year, 6 months ago IST
Mumbai (Maharashtra) [India], August 26: Malabar Gold & Diamonds, one of the world's largest jewellery groups, has been honored with the prestigious India Gold Conference (IGC) Responsible Jewellery House Award for 2023-24. This accolade, one of the most esteemed in the Indian jewellery
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Gold shines as demand for safe haven asset strong; Infomerics Ratings anti
Updated : 1 year, 7 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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India's foreign exchange reserves slightly off all-time highs; declines by
Updated : 1 year, 8 months ago IST
India's foreign exchange reserves declined by USD 1.713 billion to USD 651.997 billion during the week that ended June 28, official data from the Reserve Bank of India (RBI) showed on Friday. The reserves are currently a tad lower than their all-time highs of USD 655.817 touched recently.
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India's jewelry retail sector has surged to USD 80 bn from USD 50 bn in 20
Updated : 1 year, 8 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, 9 months ago IST
The central government has imposed restrictions on the import of certain gold-studded jewellery and articles.
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In about-turn from economic liberalisation days, India moves in its gold t
Updated : 1 year, 9 months ago IST
In an about-turn from the economic liberalisation days of 1991 when India shipped out gold and pledged it overseas to avert a looming financial crisis, the country has now shipped in a little over 100 tonnes of its gold reserves held in the UK.
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Gold prices are red hot; thanks to central bank buying, retail demand, saf
Updated : 1 year, 9 months ago IST
Gold, considered a safe haven asset for investment, has been in demand for considerable period of time, with its prices rallying to hit record highs every now and then.
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India's foreign exchange reserves rose USD 2.6 billion in latest week
Updated : 1 year, 10 months ago IST
The country's foreign exchange reserves had hit an all-time high of USD 648.562 billion recently.
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Higher gold imports widen trade deficit to five months high at USD 19.1 bi
Updated : 1 year, 10 months ago IST
Despite strong gold demand in March, the market saw an unexpected downturn as jewellers stocked up for the Indian wedding season.
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India and China added 60 percent of global central bank gold purchase in M
Updated : 1 year, 10 months ago IST
The Reserve Bank of India added 5 tons of Gold to its reserves during March. The gold reserves of the central banks worldwide reported a net increase in their gold reserves.
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