Gold and silver imports declined 68.8 per cent to $1.77 billion in December after the government imposed restrictions on inbound shipments.

To check rising CAD, govt has raised import duties and RBI had imposed curbs on gold imports and also laid down various pre-conditions for ...

Steel industry has called for an imposition of 30% export duty on iron ore pellets in view of rising exports in the face of ore shortage.

Seeking to push exports, the Commerce Ministry has asked its Finance counterpart to ease restrictions on import of gold, imposed by RBI.

Top officials of the ministries of finance and commerce will meet tomorrow on the issue of gold import restrictions that have hit jewellery...

India is keen to restart the system of paying crude oil it buys from Iran entirely in rupees to help stabilise the local currency and reduc...

With the rupee breaching the 64 to a dollar mark intra-day, Finance Minister P Chidambaram today held a meeting with top government functio...

In order to contain current account deficit, the Reserve Bank last month imposed restrictions on gold imports by banks and other authorised...

Indian companies, which are buying assets abroad due to poor investment climate, will be the worst hit because of the controls on overseas ...

The steps being contemplated by the Ministry to check the rupee fall include further relaxation of ECB norms for state-owned companies.

Billed as one of the fastest decisions on the policy front, govt hopes to give effect to the decisions within the next few days.

The Indian currency has dropped to around 60 to a dollar, threatening to worsen inflation, stall capital flows and widen the current accoun...

The PM and FM have their favourites for the top job at the RBI, but they may also need those chosen ones to fight fires at the Centre.

Corporate honchos, policy-makers along with civil society members will participate in a summit on India organised by World Economic Forum a...

Consumers will have to pay up to Rs 6 a litre more for diesel, and be eligible for only 6 cylinders of cooking gas a year at subsidised rat...