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INDIA GOLD SALE RUMOR
India's gold tariff hike fuels smuggling revival, squeezes banks and refinersIndia's decision to raise gold import duties to 15% is triggering a fresh surge in smuggling, as illegal operators exploit a widening price...09 Jun, 2026, 03.39 PM IST- Gold extends falls on rising Treasury yieldsGold prices dipped for a third consecutive session, influenced by rising Treasury yields and ongoing Middle East conflict concerns. Goldman...09 Jun, 2026, 07.48 AM IST
- India's EV penetration crosses 11% for first time as auto retail sales hit record in MayIndia's auto sales reached a record in May, growing 9.55 percent. Electric vehicle penetration surpassed 11 percent for the first time. Dea...08 Jun, 2026, 03.55 PM IST
- Four mutual funds restrict large inflows into gold ETFs and FoFs; Rs 25 crore cap imposedSouth Korea and Taiwan are facing market pressure despite strong gains in semiconductor giants driving the AI boom. Heavy concentration in ...08 Jun, 2026, 01.09 PM IST
- Retail investors can play on as AMCs cap gold betsThree major asset management companies have imposed purchase restrictions on large investors in gold mutual fund schemes. This move aims to...08 Jun, 2026, 07.25 AM IST
- Explained: Inside Sebi's Rs 15.15 lakh crore revenue inflation allegations against Rajesh ExportsRajesh Exports has come under intense scrutiny after Sebi accused the company and its promoter of inflating revenues, misclassifying person...05 Jun, 2026, 03.23 PM IST
- An Indian gold firm allegedly inflated revenue by $159 billion using its Swiss unitIndian investigators allege Rajesh Exports overstated its Swiss unit Valcambi's revenue by a staggering $159 billion. SEBI's preliminary fi...05 Jun, 2026, 03.20 PM IST
- Exchange of old gold has risen almost 60% year-on-year, say jewellery retailersGold prices are soaring in India, prompting a surge in old gold exchanges. Consumers are trading in existing jewellery to buy new pieces. T...05 Jun, 2026, 11.57 AM IST
- India gold prices soar 4.1% in May despite decline in global prices: World Gold CouncilIndian gold prices saw a notable increase in May, defying global trends. This rise occurred even as international gold prices dipped. Local...05 Jun, 2026, 07.54 AM IST
- The curious case of Rajesh Exports: Massive revenues, meagre profitsIndia's fourth-largest company, Rajesh Exports, faces a Sebi probe for alleged financial fraud. Investigations point to accounting irregula...05 Jun, 2026, 05.55 AM IST
- Those willing to look beyond the fog of war: 5 large-caps from different sectors with upside potential of up to 28%The news mix could not be more confusing. On the one hand, the US House voted to halt Trump’s Iran war, and Israel and Lebanon again agreed...04 Jun, 2026, 02.15 PM IST
- Greek proverb of the day: 'Through our ears others may persuade us not to believe the evidence of...' - motivational life lessons on critical thinking, trusting facts and evidence over opinions and how to not get manipulated and navigate misinformation and social influenceGreek proverb of the day: Ancient Greek saying highlights a challenge that people often believe what they hear over what they see. This pro...04 Jun, 2026, 12.20 AM IST
- Anxious with news of RBI selling gold? Here's the fact and what should you doIndia's gold reserve: Reports of the Reserve Bank of India selling gold have been debunked by the central bank and the PIB Fact Check team....03 Jun, 2026, 01.55 PM IST
- RBI denies report of $12 billion gold sale, says holdings unchangedThe Reserve Bank of India has refuted claims of selling gold reserves. Reports suggested a sale of approximately $12 billion in gold. The R...03 Jun, 2026, 12.40 PM IST
- Want to exchange old gold for new jewellery? Beware of these taxesIndians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...03 Jun, 2026, 12.30 PM IST
- Government denies new report stating RBI may have sold $12 billion gold to rescue rupeeReports claiming the Reserve Bank of India sold gold to support the rupee have been denied by the Indian government. Official data shows In...03 Jun, 2026, 12.09 PM IST
- RBI may have sold gold to save foreign reserves, BE report showsThe RBI may have sold about $12 billion worth of gold reserves in the two weeks through May 22 to protect its foreign-currency assets amid ...02 Jun, 2026, 12.47 PM IST
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