Search result for 'gold imports'

Rupee Gains 26 Paise to 86.55 vs US Dollar

March 18, 2025 16:00

The Indian Rupee appreciated for the third consecutive session, closing at 86.55 against the US Dollar, driven by positive domestic equities and a weak American currency.

Rupee Rises 10 Paise to 86.71 vs US Dollar

March 18, 2025 09:58

The Indian rupee appreciated by 10 paise to 86.71 against the US dollar in early trade on Tuesday, tracking its Asian peers and supported by positive domestic equities. However, investors remain...

Gold''s Relevance as Asset Class to Rise: Nageswaran

March 3, 2025 12:16

Chief Economic Advisor V Anantha Nageswaran highlights the increasing importance of gold as an asset class in the coming years due to global economic uncertainties and inflation concerns.

Gold Price Rises Rs 300 to Rs 88,500/10gm, Silver Jumps Rs 800

February 18, 2025 16:49

Gold prices in India climbed Rs 300 to Rs 88,500 per 10 grams on Tuesday, driven by global uncertainties and strong investor demand. Silver also surged Rs 800 per kg.

India's Exports Decline in January, Trade Deficit Widens

February 17, 2025 19:36

India's exports fell for the third straight month in January, while the trade deficit widened to USD 22.99 billion. Gold imports rose, but crude oil imports fell.

India's Gold Imports Surge 40.79% to USD 2.68 Billion in January

February 17, 2025 19:28

Gold imports in India rose significantly in January due to increased domestic demand, investor confidence, and global uncertainties. The imports pushed the country's trade deficit to USD 23 billion.

India's Exports Decline in January, Trade Deficit Widens

February 17, 2025 17:46

India's exports fell 2.38% in January, marking the third consecutive monthly decline, while the trade deficit widened to USD 23 billion due to rising imports.

India-UAE FTA: Gold Bullion Import Application Procedure

February 12, 2025 21:11

India's DGFT outlines application process for importing gold bullion under the India-UAE FTA. The deadline for applications for 2025-26 is February 28, 2023.

Gold Smuggling Down After Duty Cut: CBIC Chief

February 9, 2025 11:00

Gold smuggling in India has significantly reduced following a July 2024 import duty cut, according to the CBIC Chief. The agency has also stepped up anti-smuggling efforts, including monitoring air...

Gold Price Hits Record High of Rs 86,070 per 10g | Gold News

February 6, 2025 17:44

Gold prices in India surged to a new all-time high of Rs 86,070 per 10 grams on Thursday, driven by a weak rupee, losses in the stock market, and sustained buying by local jewelers.

Gold Demand in India Rises 5% in 2024, 2025 Forecast at 700-800 Tonnes

February 5, 2025 12:35

Gold demand in India surged 5% in 2024, reaching 802.8 tonnes, driven by lower import duty and festival purchases. The World Gold Council forecasts 2025 demand between 700-800 tonnes.

Gold Prices to Decline, Silver to Rise in 2025 - Economic Survey

January 31, 2025 16:03

Economic Survey predicts gold prices to decline in 2025 while silver prices may increase, citing global commodity market trends and central bank actions.

Weaker Rupee to Hike India's Import Bill: GTRI

January 17, 2025 12:06

GTRI warns that India's import bill will increase due to a weaker rupee, impacting sectors like electronics, machinery, and textiles. The think tank suggests a re-evaluation of rupee management and...

India to Launch Data Analytics Platform for Trade Insights

January 15, 2025 18:55

India's Commerce Ministry is developing a data analytics platform using AI to provide better insights into trade figures. The platform will be launched soon and provide more accurate and consistent...

Gold Import Data Errors: India Forms Panel for Consistent Data

January 9, 2025 21:22

India forms a committee to address errors in gold import data, aiming for a robust mechanism to ensure accurate and consistent data publication. The revision follows a significant surge in imports...

India's Gold Import Data Revised Due to Software Error

January 9, 2025 16:18

India's gold import data has been revised downwards after a software migration error caused double counting. The issue, largely rectified, has impacted trade deficit figures.

Gold Surges to Rs 80,000, Silver Rallies - India News

January 8, 2025 18:21

Gold prices in India hit a one-month high of Rs 80,000 per 10 grams, driven by increased buying from jewellers and stockists. Silver also surged to Rs 92,500 per kg. Learn more about the latest...

India Revises Nov Gold Imports Down to $9.84 Billion

January 8, 2025 17:23

India's Commerce Ministry has revised down its November gold import data by $5 billion to $9.84 billion, citing a possible calculation error. The initial figures, which showed a record high,...

India to Boost Exports: 20 Nations Meet Jan 6-8

January 5, 2025 18:22

Indian officials from 20 countries will meet in New Delhi to discuss strategies to boost exports of goods and services, with a focus on six key product categories.

Gold Price Forecast: To Hit Rs 90,000 in 2025? | News

December 31, 2024 10:30

Gold price is expected to rise to Rs 85,000 per 10 grams in 2025, with potential to reach Rs 90,000 on global cues and geopolitical tensions. Experts say central bank purchases and low interest...

Rupee Depreciation to Hike Import Bill by USD 15 Billion: GTRI

December 26, 2024 19:24

The Indian rupee's depreciation against the US dollar is projected to increase India's import bill by USD 15 billion, according to GTRI. This weakening of the rupee will impact gold imports and...

Wedding Budgets Surge: Glitz is Back, but Ceiling Not Yet Hit

December 26, 2024 12:50

Indian weddings are back to lavish spending, with budgets soaring. Destination weddings and immersive experiences are driving the growth. Explore the latest trends and insights from industry experts.

India Trade Data Error: Commerce Ministry Investigates Gold Import Surge

December 19, 2024 17:36

India's commerce ministry is investigating a potential error in gold import data for November 2024, following a record surge in imports. The issue mirrors a similar discrepancy in 2011, raising...

Gold Imports Surge in Nov: Commerce Ministry Examining Data

December 18, 2024 21:06

India's gold imports reached a record USD 14.86 billion in November, pushing the trade deficit to a record high. The commerce ministry is examining the data for any discrepancies.

Rupee Hits All-Time Low: Closes at 84.94 Against USD

December 18, 2024 15:55

The Indian rupee closed at a record low of 84.94 against the US dollar on Wednesday, driven by dollar demand, FII outflows, and weak domestic equities. Traders await cues from the US Fed on...

Rupee Falls to 84.92 vs US Dollar: Trade Deficit, Fed Cues Weigh

December 18, 2024 09:54

The Indian rupee weakened to 84.92 against the US dollar in early trade, driven by importer demand, muted equities, and anticipation of US Fed interest rate decisions.

India's Gold Imports Surge: Threat to Trade Balance, Urgent Action Needed

December 17, 2024 18:24

India's gold imports have surged to a record high, posing a threat to the trade balance and economic stability. GTRI urges the government to take immediate action to address the issue.

Rupee Rises 1 Paisa to 84.90 Against US Dollar

December 17, 2024 15:50

The Indian rupee edged higher against the US dollar on Tuesday, closing at 84.90 despite weak trade balance data and domestic markets. The rupee is expected to remain under pressure due to economic...

Rupee Hits All-Time Low of 84.92 Against US Dollar

December 17, 2024 09:53

The Indian rupee fell to a new record low of 84.92 against the US dollar on Tuesday, driven by foreign fund outflows and a muted trend in domestic equities. Forex traders expect the rupee to remain...

India's Exports Decline: FIEO Urges Liquidity Measures

December 16, 2024 20:33

India's export growth slowed in November, prompting FIEO to call for government intervention. The organization seeks liquidity support, higher interest subvention, and the extension of RoDTEP...

Gold Imports Surge to Record High in November

December 16, 2024 19:02

India's gold imports skyrocketed to USD 14.86 billion in November, driven by festival and wedding demand, and concerns about the impact on the trade deficit and current account.

PN Gadgil Jewellers Q2 Profit Soars 59% to Rs 34.91 Crore

November 12, 2024 20:40

PN Gadgil Jewellers Q2 net profit jumps 59.11% to Rs 34.91 crore, driven by strong operating performance and lower gold import duty. Revenue also rose 45.92% to Rs 2,001.31 crore.

India's Gold Demand Soars 18% in Q3: WGC

October 30, 2024 13:30

India's gold demand surged by 18% in Q3 2024, driven by a duty cut that revived jewellery demand. The World Gold Council expects full-year gold demand to be in the range of 700-750 tonnes.

Kalyan Jewellers Q2 Revenue Up 39% on Strong Sales

October 7, 2024 16:58

Kalyan Jewellers reports robust revenue growth in Q2 FY25 driven by healthy same-store-sales and increased footfall. Read about their expansion plans and digital platform performance.

Gold Duty Cut: Sisters Can Now Buy Heavier Mangalsutras - Goyal

September 27, 2024 20:50

Union Commerce Minister Piyush Goyal says the gold duty cut will allow women to buy heavier mangalsutras. The cut has boosted the gold industry, with businesses seeing significant growth.

Gold Prices Surge: Rallies Rs 700 to Rs 76,350/10g

September 20, 2024 17:56

Gold prices in India surged Rs 700 to Rs 76,350 per 10 grams, driven by global cues and increased demand ahead of festivals. Read more.

India's Gold Imports Surge to Record High in August

September 17, 2024 18:00

India's gold imports doubled in August to USD 10.06 billion, driven by slashed customs duty and festive demand. This surge raises concerns about the India-UAE free trade agreement's impact on gold...

Gold Price Drops Rs 100, Silver Plunges Rs 600

August 29, 2024 17:29

Gold prices fell by Rs 100 to Rs 74,250 per 10 grams in India, while silver prices plummeted by Rs 600 to Rs 87,200 per kilogram. Traders attributed the decline to reduced demand from jewelers.

India Imports 160 Tons Gold from UAE at Concessional Rate

August 27, 2024 17:44

India has notified the import of 160 tonnes of gold from the UAE at a concessional rate for 2024-25 under the India-UAE free trade agreement. The move comes as India's gold imports rose...

India-UAE FTA: GTRI Calls for Duty Cuts Withdrawal on Gold, Silver, Diamonds

August 16, 2024 11:42

GTRI recommends India reconsider duty concessions on gold, silver, diamonds, and platinum under the India-UAE FTA, citing concerns over domestic industry impact and potential misuse.

India's Gold Imports Dip 4.23% in Apr-July: Impact on Current Account Deficit

August 15, 2024 13:48

India's gold imports declined in April-July 2024 due to global economic uncertainties and high prices. The dip impacts the country's current account deficit. Read more.

India Gold Demand Dips 5% in Q2: WGC

July 30, 2024 11:57

India's gold demand fell 5% in the June quarter due to high prices, but investment demand surged 46%, according to the World Gold Council.

Congress Questions Gold Tax Cut Logic: Budget Impact

July 27, 2024 14:47

Congress criticizes the budget's gold import duty cut, questioning its economic logic. Experts warn of potential surge in India's gold import bill.

India Can Be Major Gold Producer: Anil Agarwal

July 26, 2024 15:41

Mining magnate Anil Agarwal suggests India can become a major gold producer by privatising Bharat Gold Mines and Hutti Gold Mines, reducing gold imports and boosting the economy.

Gold Prices Drop by Rs 5,000/10gm Post Budget

July 26, 2024 12:26

Gold prices plummeted after the Indian government slashed custom duties, benefiting retail investors and boosting demand for jewellery. Experts see this as a blow to gold smuggling and a boost for...

Gold Import Duty Cut: CBIC Explains Impact on Smuggling & Exports

July 24, 2024 19:27

India's import duty on gold has been slashed to 6% from 15%, aiming to curb smuggling and boost gem & jewellery exports. CBIC Chairman explains the rationale behind the move.

India Budget 2024: Focus on Jobs, Inflation Praised

July 23, 2024 17:55

Economists applaud India's 2024 Budget, highlighting its emphasis on job creation, inflation control, and fiscal prudence. They praise the government's responsiveness to economic concerns.

Gold Import Duty Cut: Boosting Jewellery Exports & Startups

July 23, 2024 17:29

India's Budget 2024-25 cuts gold import duty to 6% to boost domestic manufacturing and jewellery exports, while also removing angel tax for startups.

Gold, Silver Import Surge from UAE: GTRI Calls for Duty Revision

June 17, 2024 11:09

India's gold and silver imports from UAE surged 210% in 2023-24, prompting GTRI to call for duty revision in the India-UAE FTA to mitigate arbitrage and revenue loss.

Govt Recovers Rs 852 Cr in Export Amnesty Scheme

May 19, 2024 13:39

India's government has recovered Rs 852 crore through an amnesty scheme for exporters, allowing them to settle default on export obligations. The scheme was announced in the new Foreign Trade...

India's Top Import Destination: Switzerland in April | Gold Imports Surge

May 15, 2024 22:13

Switzerland emerged as India's top import destination in April due to a surge in gold imports, surpassing Russia, China, Iraq, and the UAE. Read more about India's gold import trends and the impact...

India's Exports Rise 1% in April, Trade Deficit Widens

May 15, 2024 17:03

India's merchandise exports increased by 1% to USD 34.99 billion in April, while the trade deficit widened to a four-month high of USD 19.1 billion.

Gold Imports Surge 30% to USD 45.54 Billion in 2023-24

May 10, 2024 17:32

India's gold imports jumped 30% to USD 45.54 billion in 2023-24 due to strong domestic demand, despite a contraction in March. Learn more about the impact on India's trade deficit and current account.

India Gold Demand Up 8% in Q1 Despite High Prices | World Gold Council

April 30, 2024 11:30

India's gold demand rose 8% in the first quarter of 2024 to 136.6 tonnes, driven by strong economic growth and rising investment demand, according to the World Gold Council.

India's Exports Dip in March, FY24 Trade Data

April 15, 2024 20:04

India's merchandise exports declined marginally in March, with FY24 exports down 3.11%. Trade deficit narrowed due to lower imports, but gold imports surged.

India's Exports Rise 3.12% in January Despite Red Sea Crisis

February 15, 2024 18:01

India's exports grew 3.12% in January despite the Red Sea crisis, while the trade deficit narrowed to a nine-month low. Crude oil imports rose 4.33%, gold imports surged 174%.

India-Peru FTA: Gold Duty Concessions Pose Major Challenge - GTRI

February 11, 2024 15:38

India's proposed free trade agreement with Peru faces challenges due to potential duty concessions on gold, which accounts for 80% of India's imports from Peru. GTRI highlights the risk of...

India Gold Demand Dips in 2023, Outlook Bullish - WGC

January 31, 2024 12:21

India's gold demand fell 3% in 2023 to 747.5 tonnes due to high prices, but the World Gold Council forecasts a surge in demand in 2024.

India Seeks Investment from Switzerland in EFTA Trade Pact

January 30, 2024 13:54

India seeks investment commitments from Switzerland under the proposed EFTA trade agreement, aiming to balance duty reductions with increased manufacturing and investment in India.

India's Gold Imports Surge 26.7% in FY24

January 29, 2024 21:05

India's gold imports rose significantly in April-December 2023, reaching USD 35.95 billion, driven by robust demand. Switzerland was the top source, followed by the UAE and South Africa....

Gold Imports Surge 26.7% in India: FY24 Update

January 29, 2024 19:55

India's gold imports rose 26.7% to USD 35.95 billion in April-December 2023, driven by strong demand. Learn about the impact on the country's current account deficit and key import sources.

India Gold Imports Surge 26.7% in Apr-Dec FY24

January 29, 2024 18:24

India's gold imports rose significantly in April-December 2023, driven by strong demand, reaching USD 35.95 billion. Learn about the impact on the country's current account deficit and trade balance.

India's Exports Edge Up in Dec, Trade Deficit Narrows

January 15, 2024 20:33

India's exports rose 1% to USD 38.45 billion in December, while the trade deficit narrowed to USD 19.8 billion, driven by declining imports. However, challenges remain due to global slowdown...

Goldman Sees India's Current Account Deficit Falling to 1% in FY24

January 2, 2024 16:13

Goldman Sachs projects India's current account deficit to fall to 1% of GDP in FY24, driven by strong inflows and a weaker dollar. The brokerage expects robust capital flows and a balance of...

India's Trade Growth To Slow in 2023: Report

December 17, 2023 11:01

India's overall trade is expected to decline by 2.6% in 2023, with a dip in merchandise exports, though strong performance in electronics and services sectors will help contain the fall.

India's Exports Dip in Nov, Trade Deficit Narrows - Govt Data

December 15, 2023 17:03

India's merchandise exports declined by 2.83% to USD 33.90 billion in November, while the trade deficit narrowed to USD 20.58 billion, according to government data.

Piyush Goyal to Chair Board of Trade Meeting on Exports

December 11, 2023 18:52

Commerce Minister Piyush Goyal will chair a meeting of the Board of Trade on December 17 to discuss ways to boost exports amidst global economic uncertainties. The meeting will see presentations...

India Works to Boost Exports to Africa & Gulf, Addresses Trade Barriers

November 27, 2023 16:57

India's commerce ministry is tackling non-tariff barriers and market access issues to increase exports to sub-Saharan African and Gulf nations. The focus is on key sectors like food, electronics,...

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18602596

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0.99 ( -1.00)
14282764

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1.66 (+ 4.40)
13499062

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Search result for 'gold imports'

Rupee Gains 26 Paise to 86.55 vs US Dollar

Rupee Rises 10 Paise to 86.71 vs US Dollar

Gold''s Relevance as Asset Class to Rise: Nageswaran

Gold Price Rises Rs 300 to Rs 88,500/10gm, Silver Jumps Rs 800

India's Exports Decline in January, Trade Deficit Widens

India's Gold Imports Surge 40.79% to USD 2.68 Billion in January

India's Exports Decline in January, Trade Deficit Widens

India-UAE FTA: Gold Bullion Import Application Procedure

Gold Smuggling Down After Duty Cut: CBIC Chief

Gold Price Hits Record High of Rs 86,070 per 10g | Gold News

Gold Demand in India Rises 5% in 2024, 2025 Forecast at 700-800 Tonnes

Gold Prices to Decline, Silver to Rise in 2025 - Economic Survey

Weaker Rupee to Hike India's Import Bill: GTRI

India to Launch Data Analytics Platform for Trade Insights

Gold Import Data Errors: India Forms Panel for Consistent Data

India's Gold Import Data Revised Due to Software Error

Gold Surges to Rs 80,000, Silver Rallies - India News

India Revises Nov Gold Imports Down to $9.84 Billion

India to Boost Exports: 20 Nations Meet Jan 6-8

Gold Price Forecast: To Hit Rs 90,000 in 2025? | News

Rupee Depreciation to Hike Import Bill by USD 15 Billion: GTRI

Wedding Budgets Surge: Glitz is Back, but Ceiling Not Yet Hit

India Trade Data Error: Commerce Ministry Investigates Gold Import Surge

Gold Imports Surge in Nov: Commerce Ministry Examining Data

Rupee Hits All-Time Low: Closes at 84.94 Against USD

Rupee Falls to 84.92 vs US Dollar: Trade Deficit, Fed Cues Weigh

India's Gold Imports Surge: Threat to Trade Balance, Urgent Action Needed

Rupee Rises 1 Paisa to 84.90 Against US Dollar

Rupee Hits All-Time Low of 84.92 Against US Dollar

India's Exports Decline: FIEO Urges Liquidity Measures

Gold Imports Surge to Record High in November

PN Gadgil Jewellers Q2 Profit Soars 59% to Rs 34.91 Crore

India's Gold Demand Soars 18% in Q3: WGC

Kalyan Jewellers Q2 Revenue Up 39% on Strong Sales

Gold Duty Cut: Sisters Can Now Buy Heavier Mangalsutras - Goyal

Gold Prices Surge: Rallies Rs 700 to Rs 76,350/10g

India's Gold Imports Surge to Record High in August

Gold Price Drops Rs 100, Silver Plunges Rs 600

India Imports 160 Tons Gold from UAE at Concessional Rate

India-UAE FTA: GTRI Calls for Duty Cuts Withdrawal on Gold, Silver, Diamonds

India's Gold Imports Dip 4.23% in Apr-July: Impact on Current Account Deficit

India Gold Demand Dips 5% in Q2: WGC

Congress Questions Gold Tax Cut Logic: Budget Impact

India Can Be Major Gold Producer: Anil Agarwal

Gold Prices Drop by Rs 5,000/10gm Post Budget

Gold Import Duty Cut: CBIC Explains Impact on Smuggling & Exports

India Budget 2024: Focus on Jobs, Inflation Praised

Gold Import Duty Cut: Boosting Jewellery Exports & Startups

Gold, Silver Import Surge from UAE: GTRI Calls for Duty Revision

Govt Recovers Rs 852 Cr in Export Amnesty Scheme

India's Top Import Destination: Switzerland in April | Gold Imports Surge

India's Exports Rise 1% in April, Trade Deficit Widens

Gold Imports Surge 30% to USD 45.54 Billion in 2023-24

India Gold Demand Up 8% in Q1 Despite High Prices | World Gold Council

India's Exports Dip in March, FY24 Trade Data

India's Exports Rise 3.12% in January Despite Red Sea Crisis

India-Peru FTA: Gold Duty Concessions Pose Major Challenge - GTRI

India Gold Demand Dips in 2023, Outlook Bullish - WGC

India Seeks Investment from Switzerland in EFTA Trade Pact

India's Gold Imports Surge 26.7% in FY24

Gold Imports Surge 26.7% in India: FY24 Update

India Gold Imports Surge 26.7% in Apr-Dec FY24

India's Exports Edge Up in Dec, Trade Deficit Narrows

Goldman Sees India's Current Account Deficit Falling to 1% in FY24

India's Trade Growth To Slow in 2023: Report

India's Exports Dip in Nov, Trade Deficit Narrows - Govt Data

Piyush Goyal to Chair Board of Trade Meeting on Exports

India Works to Boost Exports to Africa & Gulf, Addresses Trade Barriers

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