SBI joins India International Bullion Exchange as special category clientState Bank of India has successfully completed its first gold trade on the India International Bullion Exchange. This marks a significant s...
01 Nov, 2025, 10.01 PM IST
Bank of Baroda gets IFSCA nod to operate as Trading-Cum-Clearing Member on IIBXBank of Baroda has received approval from IFSCA to operate as a Trading-Cum-Clearing Member on the India International Bullion Exchange (II...
26 Sep, 2025, 07.38 PM IST
Gold plunges Rs 4,200/10 gram after FM cuts customs duty on bullionWhile the August gold futures fell over 6% or by Rs 4,268 per 10 gm to hit the day's low of Rs 68500, silver September futures on the MCX t...
23 Jul, 2024, 01.57 PM IST
Titan, Kalyan Jewellers rally up to 7% as FM slashes customs duty on gold, silver to 6%In this year's Union Budget, the Indian jewellery industry sought a reduction in gold import duty, along with a 0.5% concession on imports ...
23 Jul, 2024, 01.47 PM IST
Budget 2024: Jewellery industry urges for 5% import duty cut on gold. What it meansDecoding the impact that is expected from the 5% waiver, Mahendra Luniya, chairman & founder of Vignaharta Gold said that in FY23, India's ...
09 Jul, 2024, 05.41 PM IST
Indian banks halt silver imports as duty differential spurs private tradeIndia's banks have stopped silver imports after private traders bought large volumes of the precious metal from the United Arab Emirates to...
14 Mar, 2024, 07.59 PM IST
Govt allows valid quota holders under India-UAE trade pact to import gold through bullion exchangeIn a notification, the Directorate General of Foreign Trade (DGFT) said that those companies can obtain the physical delivery of the consig...
20 Nov, 2023, 08.31 PM IST
Senco becomes first qualified jeweller from East India to import gold on India International Bullion ExchangeIndia's first International Bullion Exchange (IIBX) was launched in the GIFT city (Gujarat International Finance Tec-City) in July 2022 to ...
30 May, 2023, 03.26 PM IST
Malabar Gold & Diamonds becomes first Indian jewellery group to get TRQ licenseTRQ will help the group in importing gold through the IIBX under India-UAE Comprehensive Economic Partnership Agreement(CEPA)at reduced dut...
19 May, 2023, 01.17 PM IST
RBI permits gold price hedging at IFSCThe exchange has 75 qualified jewellers as of now and 35 more are in pipeline, Gautam said. “They will be able to hedge gold in the IIBX in...
08 Dec, 2022, 11.31 AM IST
Bullion Exchange set to aid India's forexCosts could come down by as much as $50 a kilogram initially, people familiar with the matter told ET, as the Bullion Exchange (IIBX) at GI...
02 Aug, 2022, 06.40 AM IST
India launches first international bullion exchange to bring transparencyIndia launches first international bullion exchange to bring transparency
29 Jul, 2022, 06.01 PM IST
View: As IIBX gains traction, price-rigging in the precious metals market should become a thing of the pastIIBX has been conceptualised to act as a gateway to the global market for not just importing gold but other commodities as well. But we sho...
27 Jul, 2022, 11.39 PM IST
PM to visit Gujarat, Tamil Nadu on July 28-29Prime Minister Narendra Modi will visit Gujarat and Tamil Nadu on July 28-29 during which he is scheduled to inaugurate and lay foundation ...
26 Jul, 2022, 03.20 PM IST
RBI issues norms for import of gold by qualified jewellersThe RBI issued the guidelines in order to enable resident Qualified Jewellers to import gold through IIBX or any other exchange approved by...
25 May, 2022, 08.14 PM IST
BSE signs MoU with local jewellers association to boost the growth of proposed EGRBSE is confident that through this MoU, bullion merchants, wholesalers, retailers and exporters from all over Madurai and the wider south z...
24 Nov, 2021, 06.05 PM IST
Jewellers to be able to choose gold suppliers through IIBX in GIFT City once operationalA senior member of a trade body, who was present at the meeting, told ET on condition of anonymity that the government has given indication...
17 Nov, 2021, 05.47 PM IST