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Tuesday, January 21, 2020

Gold import

GOLD IMPORT NEWS

Gold imports dip 9 per cent during April-October

November 25, 2019 1:52 pm

Gold imports had been recording a negative growth since July this year. However, it grew by about 5 per cent to USD 1.84 billion in October.

‘Phenomenal’ rise in India’s gold imports a concern: Trade secy

December 16, 2014 4:24 pm

A ‘phenomenal’ rise in India’s gold imports is a concern and the government will watch the impact...

Gold imports up 6-fold, trade deficit hits 18-month high

December 16, 2014 2:15 am

Exports grew by 7.27 per cent to $25.96 billion after shrinking by a little over 5 per cent in October.

Removal of import curbs to improve official supplies: World Gold Council

November 29, 2014 10:27 pm

With the easing of gold import restrictions, the metal’s supply through official channels will improve

Removal of import curbs to improve official supplies: WGC

November 29, 2014 3:07 pm

The govt scrapped a scheme under which it was mandatory for importers to export 20 pct of the gold they imported.

Govt to take ‘imminent steps’ to curb surging gold imports as trade deficit fears rise

November 18, 2014 4:12 pm

India is likely to announce measures to curb gold imports as early as Tuesday...

Differential gold import levies may cost India $3 bn: Report

June 29, 2014 3:33 pm

Currently, import duty on refined gold is 10.30% while that on unrefined gold is 8.24%.

Export growth at seven-month high in May, gold import falls 72%; Govt not calling a ‘revival’ yet

June 12, 2014 3:04 am

The WTO upgraded the trade forecast for 2014 to 4.7 per cent from 4.5 per cent, though still below the 20-year average of 5.3 per cent.

Govt may ease but not shelve gold import curbs

June 07, 2014 3:04 am

The finance ministry may lower the import duty on gold to 8 per cent from the current rate of 10 per cent.

Gold snaps three-day rally,price falls by Rs 130 to Rs 30,360

January 04, 2014 4:15 pm

Silver price also falls by Rs 180 to Rs 45,320 per kg on reduced offtake.