Gold imports spike nearly 94% to USD 4.98 billion in March
Gold imports surged by 93.86 percent year-on-year to USD 4.98 billion in March due to declining prices and easing of restrictions by the RBI.
Apr 17, 2015, 21:13 PM IST
Exports dip sharply in March; 2014-15 target missed
Falling exports and an increase in gold imports have widened the trade deficit to four-month high of USD 11.79 billion in March.
Apr 17, 2015, 18:44 PM IST
Trade deficit widens to $137 billion in FY15
India’s exports contracted by 21.06 percent to USD 23.95 billion, while imports also fell by 13.44 percent to USD 35.74 billion in March.
Apr 17, 2015, 18:05 PM IST
Gold imports hit 125 tonnes in March
Gold imports in the fiscal year 2014/15 ended March 31 jumped to 900 tonnes, up 36 percent from a year ago.
Apr 11, 2015, 20:09 PM IST
Gold import curbs may have led to rise in smuggling activity
Import restrictions on gold may have led to increase in smuggling of the precious metal in recent years, Parliament was informed Friday.
Mar 20, 2015, 17:24 PM IST
April-December gold imports stood around $26 bn
India imported gold worth nearly $26 billion during the April-December period of the current fiscal 2014-15, parliament was informed on Tuesday.
Mar 17, 2015, 20:46 PM IST
India imports gold worth $26 billion in Apr-Dec period
India imported gold worth about USD 26 billion during the April-December period of the current fiscal, Parliament was informed on Tuesday.
Mar 17, 2015, 15:48 PM IST
Gold imports rise to $1.98 bn in February
Gold imports in February rose to USD 1.98 billion (Rs 12,293 crore), the second successive monthly rise.
Mar 13, 2015, 21:08 PM IST
Govt proposes steps to monetise gold, contain imports
The minister proposes to introduce a gold monetisation scheme, which will replace both the present gold deposit and gold metal loan Schemes.
Feb 28, 2015, 15:07 PM IST
Gold imports set to rise as RBI eases curbs ahead of budget
Gold imports to top consumer India are set to jump in coming months after the Reserve Bank of India (RBI) eased gold import curbs, ahead of an expected cut in import duty in next week`s budget.
Feb 19, 2015, 17:07 PM IST
Gold related shares seen rising after RBI eases norms
An overnight move by the Reserve Bank of India to ease gold import and lending norms for banks is set to trigger gains in shares of jewellery makers, as well as shares of lenders which accept gold as collateral.
Feb 19, 2015, 09:53 AM IST
Gold imports surge 8.13% to $1.55 bn in January
Gold imports surged by 8.13 percent year-on-year to USD 1.55 billion in January on easing of restrictions by the Reserve Bank.
Feb 13, 2015, 21:28 PM IST
'Govt may consider import duty cut on gold in Budget'
With decline in gold imports, the government may consider 2-4 percent reduction in import duty on it in the forthcoming Budget, a move that could help boost exports and manufacturing of gems and jewellery, sources said.
Feb 05, 2015, 19:10 PM IST
CAD in 2014-15 estimated at 1.3%: RBI
Current account deficit is estimated to come down to 1.3 percent of GDP in the fiscal ending March, helped by moderation in petroleum and gold imports, the Reserve Bank said Tuesday.
Feb 03, 2015, 14:25 PM IST
Trade deficit falls to 10-month low of $9.43 billion in December
India's trade deficit declined to 10-month low of USD 9.43 billion in December mainly on account of falling imports due to slump in crude prices, though exports too have come down.
Jan 15, 2015, 19:36 PM IST
Gold imports slump to 39 tonnes in December
Providing relief to the economy from widening trade deficit on account of gold imports, the inward shipments of the metal slumped in December to 39 tonnes, Commerce Secretary Rajeev Kher said on Wednesday.
Jan 07, 2015, 20:44 PM IST
Commerce Ministry calls meeting with jewellers on gold import issues
The Commerce Ministry has called a meeting of gems and jewellery exporters Wednesday to discuss issues regarding gold imports for the sector.
Jan 06, 2015, 20:24 PM IST
Gold imports fall sharply, fresh curbs unlikely
The government is unlikely to put any fresh restrictions on gold imports, as the inward shipments have fallen sharply this month despite recent easing of some curbs by RBI.
Dec 28, 2014, 11:12 AM IST
Gold imports down in Dec, says trade body
In the first half of December, gold imports were at 22 tonnes. In the previous month, gold imports stood at 151 tonnes, All India Gems and Jewellery Federation Chairman Haresh Chamanbhai Soni told PTI.
Dec 25, 2014, 22:32 PM IST
Gold imports down in December, says trade body
Gold imports are likely to decline drastically this month as jewellers over-stocked the metal in anticipation more import restrictions, according to a trade body.
Dec 25, 2014, 19:37 PM IST
