
India’s Gold Imports Lowest Since 2003
Mumbai: With the government giving a push to digital transactions following demonetisation and discouraging the purchase of assets using cash, some trends expected to change

Mumbai: With the government giving a push to digital transactions following demonetisation and discouraging the purchase of assets using cash, some trends expected to change

New Delhi: The Government of India is likely to lower existing import duty on gold from 10% to 6%, reports CNBC-TV18 quoting agencies. This even

Mumbai: The global gold bar and coin market has boomed in the past 10 years. In 2006 global demand was 430t; by 2015 it had

Mumbai: India’s gold import in November was the highest in this calendar year, due to a sharp increase in demand from bullion dealers and stockists.

Mumbai: Non-resident Indians (NRIs)who usually buy gold in India during their visits and stash the yellow metal away in lockers have become cautious after the

Mumbai: Global gold demand reached 993 tonnes (t) in the third quarter of 2016, a fall of 10% compared to the same period last year,

New Delhi: India’s Director General of Foreign Trade (DGFT) has tightened norms for export houses to import gold in their capacities as nominated agencies. The

Mumbai: Gold prices have dropped after the Reserve Bank of India (RBI) recently slashed interest rates. World Gold Council (WGC) opines that the price drop

Mumbai: The Reserve Bank of India (RBI) has set up a committee to study Indian household financing pattern and why they spend large sum of

Mumbai: A rally in gold has seen the precious metal hit two-year highs and this could slow gold offtake even if the country receives good
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