Govt eases curbs on gold imports, scraps 80:20 scheme
Under the 80:20 norms, 20 percent of the imported gold had to be mandatorily exported before bringing in new lot.
Nov 28, 2014, 20:54 PM ISTJewellery stocks under pressure; down up to 3.5%
Gold import surged almost four times to USD 4.17 billion in October from USD 1.09 billion in the same month a year ago.
Nov 18, 2014, 13:20 PM ISTGovt to announce curbs on gold import in a day or two: Sources
In the wake of surge in gold imports, the government would soon impose some curbs on its inward shipment to prevent current account deficit (CAD) from going out of hand.
Nov 18, 2014, 11:47 AM ISTIndia to review gold policy after surge in imports: Sources
India is considering curbs on gold imports by private trading firms after foreign purchases surged in the past two months, two sources with direct knowledge of the matter said.
Nov 13, 2014, 17:43 PM ISTGold falls by Rs 75 to Rs 27,850 per ten grams on Diwali eve
Silver also eased by Rs 100 to Rs 38,900 per kg on lack of buying support from industrial units.
Oct 22, 2014, 17:36 PM ISTGold price up 0.34% at Rs 27,509 per 10 grams
Gold futures rose by 0.34 percent to Rs 27,509 per 10 grams today as speculators enlarged positions after the metal gained in global markets.
Oct 21, 2014, 11:12 AM IST`Jewellery sales to jump by 35% during Dhanteras`
Jewellery sales are expected to surge by up to 35 percent during Dhanteras, traditionally the country's busiest gold buying period, compared to last year, industry experts said.
Oct 21, 2014, 11:00 AM ISTGold rallies at almost one-month high of Rs 27,600 per 10 gms
Silver followed suit and advanced by Rs 450 to Rs 39,250 per kg on increased offtake by industrial units and coin makers.
Oct 13, 2014, 15:15 PM ISTIndia should aim $40 billion gold jewellery exports by 2020: WGC
The country should also put to use about 22,000 tonnes of gold lying idle with households and temples and reduce its dependence on imports in the next five years, it said.
Oct 04, 2014, 18:50 PM ISTGold, silver recover on festive season demand
Gold prices recovered by Rs 70 to Rs 27,300 per ten grams in the national capital today on pick up in festive season demand.
Sep 29, 2014, 14:56 PM ISTGold looks likely to test $1,200; silver slumps to four-year low
Silver`s sell-off extended to a second session on Monday, with the metal tumbling to a four-year low, as investors unwound long positions amid strength in the dollar and the possibility of a sooner-than-expected U.S. rate hike.
Sep 22, 2014, 13:30 PM ISTGold imports, premiums to jump on festive demand
India has not yet released its trade figures for August.
Sep 02, 2014, 16:22 PM ISTGovt reduces tariff value on gold, silver
The government on Friday reduced the import tariff value on gold and silver to USD 420 per 10 grams and USD 645 per kg, respectively, taking cues from firm global prices.
Aug 29, 2014, 18:18 PM ISTGovt hikes import tariff value on gold & silver
The government on Thursday hiked the import tariff value on gold and silver to USD 426 per 10 grams and USD 650 per kg, respectively, taking cues from firm global prices.
Aug 14, 2014, 22:27 PM ISTStocks overshadow gold in strong market rally this year
Indian equities have overshadowed gold's glitter by giving handsome returns of almost 23 percent to investors so far this year.
Jul 29, 2014, 15:32 PM ISTGovt has no proposal to reduce gold import duty
India, desperate to trim a gaping current account deficit, took a slew of measures last year to curb demand for bullion, its second-biggest import after oil.
Jul 25, 2014, 12:59 PM ISTBullion India plans to set up new delivery centres
Bullion India, an online platform retailing gold and silver coins, plans to open 20-25 delivery centres across the country by the end of this fiscal.
Jul 22, 2014, 16:19 PM IST