Gold imports likely to drop sharply to 50-60 tonnes in October
The consumer sentiment was positive during the festivals and sale of jewellery, coins and bars rose by nearly 30 per cent, he said, adding the decline in prices also boosted the demand.
Oct 30, 2014, 21:45 PM IST
Finance ministry wants to reimpose curbs on gold imports: Report
Finance Ministry has written to the RBI to consider reimposing some restrictions on gold imports after inbound shipments surged in the last few months.
Oct 20, 2014, 11:52 AM IST
Gold imports zoom five-fold to $3.75 bn in September
Gold imports surged five-fold to USD 3.75 billion in September on account of the ongoing festive season.
Oct 14, 2014, 22:30 PM IST
'India's gold imports may go up to 75 tonnes per month'
The country's gold imports are likely to rise to about 70-75 tonnes per month against the present average of 50-60 tonnes, a senior industry official said here.
Oct 01, 2014, 19:17 PM IST
Gold imports seen up, premiums likely to double on festive buying
India`s monthly gold imports are set to rise by as much 50 percent from current levels while premiums could almost double as the country gears up for a surge in demand ahead of the year-end festivities and wedding season, industry sources said.
Sep 18, 2014, 13:36 PM IST
Gold imports surge to $2.03 bn in August
After registering decline, gold imports surged to USD 2.03 billion August from USD 738.7 million in the same month last year.
Sep 15, 2014, 22:36 PM IST
India says not considering immediate gold import duty cut
India is not considering an immediate cut in gold import duties, Trade Minister Nirmala Sitharaman said on Wednesday, extending a policy that has helped narrow the country`s trade deficit but is believed to have led to an increase in smuggling.
Sep 10, 2014, 20:22 PM IST
Govt not considering immediate gold import duty cut
The government on Wednesday said it was not considering any immediate cut in gold import duty, which was hiked to 10 percent last year to check widening Current Account Deficit (CAD).
Sep 10, 2014, 13:39 PM IST
Gold imports, premiums to jump on festive demand
India has not yet released its trade figures for August.
Sep 02, 2014, 16:22 PM IST
Curbs on gold imports likely to continue for some more time
The Finance Ministry on Thursday indicated that restrictions on gold import scheme are likely to continue till situation becomes "more comfortable".
Aug 21, 2014, 19:11 PM IST
'Gold premiums to stay low in 2014 due to weak demand'
Indian gold premiums will average USD 3-USD 4 an ounce over London prices this year, roughly half what they were last year, because of continuing restrictions on imports that will soften demand, the head of the country`s biggest gold refiner said on Thursday.
Aug 21, 2014, 16:15 PM IST
Gold imports dip 26.39% to $1.81 billion in July
Imports of gold in July 2013 stood at USD 2.46 billion.
Aug 14, 2014, 22:40 PM IST
Gold import falls by 43% to 351 tonnes in H1, 2014
Gold imports fell by 43 percent to 351 tonnes in the first six months of this year as a hike in import duty curbed inbound shipments, according to the World Gold Council (WGC).
Aug 14, 2014, 19:51 PM IST
Commerce Minister for easing of gold import restrictions
With restrictions on gold imports leading to rise in smuggling, Commerce and Industry Minister Nirmala Sitharaman has pitched for relaxing gold import duty as it is 'badly' hurting the gems and jewellery industry.
Aug 11, 2014, 16:44 PM IST
No proposal to lower gold import duty: FinMin
The Finance Ministry on Friday said at present it has no proposal to lower customs duty on gold from the current 10 percent.
Jul 25, 2014, 16:42 PM IST
Gold imports up 65% in June to $3.12 billion
After declining for seven months in a row, gold imports grew by 65.13 percent to USD 3.12 billion in June.
Jul 17, 2014, 11:46 AM IST
June Exports rise 10.22% to $26.4 bn
The gold imports surged 65.13 percent to USD 3.12 billion in June.
Jul 16, 2014, 11:58 AM IST
Gold jewellery exports in FY15 seen jumping by a quarter
Gold jewellery exports from India are likely to grow by a quarter in the year to March 2015, helped by an expected relaxation of import policy and recovering demand from major consuming countries, the head of a trade body said on Wednesday.
Jun 18, 2014, 17:51 PM IST
Gold premiums fall to 4-month low on higher supplies
Gold premiums fell to 25-30 an ounce on London prices, a level last seen in February, from USD 60 charged earlier in June. Premiums hit a record of USD 160 an ounce in December last year.
Jun 18, 2014, 12:50 PM IST
Shrouding China''s gold trade, more imports go under radar
Banks have started trial gold imports directly into the Shanghai free trade zone ahead of the launch of a gold exchange there, threatening to further obscure the level of buying by the world`s top consumer.
Jun 11, 2014, 11:39 AM IST
