New import rules for silver are now in effect. All silver imports must go through specific government-approved channels. This includes agen...

State Bank of India has successfully completed its first gold trade on the India International Bullion Exchange. This marks a significant s...

Bank of Baroda has received approval from IFSCA to operate as a Trading-Cum-Clearing Member on the India International Bullion Exchange (II...

Finance Minister Nirmala Sitharaman urged financial regulators to identify aspirational needs for GIFT IFSC, emphasizing fast-tracking refo...

While 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...

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 ...

Decoding the impact that is expected from the 5% waiver, Mahendra Luniya, chairman & founder of Vignaharta Gold said that in FY23, India's ...

India's banks have stopped silver imports after private traders bought large volumes of the precious metal from the United Arab Emirates to...

The mechanism is expected to enhance transparency, boost investor confidence, and facilitate the growth of the green hydrogen market on a g...

India's first International Bullion Exchange (IIBX) was launched in the GIFT city (Gujarat International Finance Tec-City) in July 2022 to ...

India launches first international bullion exchange to bring transparency

IIBX 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...

Nifty contracts on SGX are popular among foreign investors who do not wish to trade in India. At its peak, trading in Nifty contributed as ...

National Stock Exchange and SGX have formed a special purpose vehicle (SPV) - NSE International Financial Service Centre (IFSC)-SGX Connect...

Thirunelveli Gold Silver Diamond Jewellery Traders Association, Nanded Sarafa Association, Saraf Suvarnkar Sangthna Pusad, and Ghadchiroli ...

“In addition to nominated agencies notified by RBI (in case of banks) and nominated agencies notified by DGFT, qualified jewellers as notif...

The MoU between both entities will also explore potential business and facilitate growth by sharing knowledge and expertise to promote the ...