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INDIAN GOLD DEALERS
Gold falls below pre-duty-hike levels as overseas prices dropGold prices in India have fallen significantly, reaching their lowest point since early May. This price drop is expected to encourage more ...- 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...
- Modi wants Indians to press pause on gold. But the $5.2 trillion obsession runs deepIndia’s attempt to protect the rupee is now colliding with one of the country’s strongest cultural habits — buying gold. After Prime Minist...
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- Mayday: Rupee breaches 96 wall, pulls back after RBI interventionThe Indian rupee faces historic challenges, having plummeted to unprecedented levels against the US dollar. The surge in crude oil prices i...
- As rupee dips, I-T steps up vigil on shady outflowsIn multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...
- India's gold loan market has huge potential, there's lot of idle metal: George Alexander MuthootThe rise in prices will add to the growth momentum as it will give more borrowing power to those who are pledging gold. The uncertainties w...
- Kalyan Jewellers, Titan, other jewellery stocks crash up to 6% as Centre hikes gold customs duty to 15%Jewellery stocks like Kalyan Jewellers and Titan Company tumbled up to 6% after the government hiked customs duty on gold and silver import...
- India raises gold, silver import duty to 15% to curb imports, support rupee amid West Asia crisisGold, silver import duty hike: India has significantly raised customs duties on gold, silver, and platinum imports to 15% and 15.4%, respec...
- Centre working to restore gold import tax exemption for banks; shipments resume after IGST glitch: IBJAThe Centre is expected to issue a rectification order within 48-72 hours to restore the tax exemption for gold-importing banks after a noti...
- Indian April gold imports fall to near 30-year low as tax demand hits shipmentsIndia’s gold imports in April are set to fall to around 15 metric tons, a near 30-year low, as banks halted shipments following a 3% IGST d...
- Akshaya Tritiya sees tepid demand on gold price surgeGold demand during India's Akshaya Tritiya festival remained subdued as record prices curbed jewellery purchases, despite a slight increase...
- Kalyan Jewellers, Titan, and other jewellery stocks tumble up to 6% while MMTC rallies 16%. Here's whyIndian banks have reportedly halted gold and silver import orders, causing jewellery stocks like Kalyan Jewellers and Titan to fall. MMTC, ...
- Govt allows SBI, HDFC, Axis Bank & 12 others to import gold, silver until March 2029The central government has permitted 15 top banks, including the State Bank of India, HDFC Bank, Bank of India and others to import gol...
- Indian banks halt gold, silver imports amid delay in government clearance, sources sayIndian banks have halted gold and silver import orders as a fresh government authorisation under DGFT is still pending, leaving tonnes of b...
- Gold demand improves in India as prices ease; China sees softer buyingGold demand in India saw a slight increase this week as prices softened. However, many buyers are waiting for further price drops. In China...
- Gold smuggling surges in India as price spikes before festivalsGold smuggling into India has surged ahead of the Dhanteras and Diwali festivals due to record-high prices and tight supply, officials said...
- Indian dealers stock up, hope to usher in festive glitterDemand from dealers has been improving slowly as they expect a revival in retail purchases during the festival season, said Mukesh Kothari,...
- Customers trickle in as Indian gold dealers hope for festive boost"Slowly, demand has been improving. Retail buyers have started visiting jewellery stores," said Harshad Ajmera, proprietor of wholesaler JJ...
- Indian gold dealers bank on festivals to bring back customersIn India, discounts eased to $23 an ounce over official domestic prices, inclusive of 12.5% import and 3% sales levies, from last week's $3...
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