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RAJESH KHOSLA
Plug to curb zero-duty imports held up in talksThe finance ministry can impose them only after consultation with the commerce ministry.
MMTC to sell gold bars on AmazonGold prices are expected to move up this week buoyed by safe-haven demand due to uncertainty over US policy ahead of president-elect Donald...
Hallmarked ornaments will have to bear purity in caratage termsBIS, that’s charged with working on rules to make hallmarking compulsory, has said hallmarking of only 22, 18 and 14 carat jewellery will b...
Buzz of gold import ban spreads panic among tradersThe WhatsApp user groups suggest the reason behind the move is to curb malpractices among certain members of the gold trade of converting b...
Gold imports drop 76 per cent in April-July this yearThe country's total official gold imports declined to 60 tonnes in April-July of this fiscal, much lower than 250 tonnes in the year-ago pe...
MMTC-PAMP halts gold refining after proposition turns non-profitableGold in entering India through illegal route, no demand in market for gold, impure gold is imported from countries like Peru, Ghana and Tan...
Gold traders pray for good monsoon to drive up salesThe monsoon this year will be 106% of the long-period average following two years of deficit rainfall. A good monsoon will result in people...
MMTC Pamp launches new gold coin 'Tola'The 'Tola' is an octagonal shaped coin with distinctive knurled edges and an intricate finish with 999.9 pure gold.
Gold jewellery may not be as pure as sellers promise: MMTC-PAMPThe BIS, which plans to issue a unique ID number for every hallmarked item—a move that will help curb duplication and aid in traceability.
Gold jewellery may not be as pure as sellers promise: MMTC-PAMPThe glittering gold jewellery that has burnt a hole in your pocket may not be as pure as the seller had promised, the country's leading gol...
Re-launch of gold deposit scheme can cut imports by 250 tonnesThe current gold deposit scheme, launched in 1999, is beyond the reach of most households as it mandates a minimum deposit of 500 grams.
Peru plans to export more gold to India this year; mulling FTAPeru, the world's sixth top gold producer, today said the shipment of the precious metal to India is likely to surpass USD 270 million this...
Gold monetisation scheme will let you open gold accounts & earn interest in yellow metalAccording to the scheme, gold deposit will be treated just like a fixed deposit and the interest earned on it will be paid not in rupees bu...
MMTC-PAMP aims to refine 78 per cent more gold this fiscalAs far as silver is concerned, Khosla said the company targets to refine 100 tonnes in this year, as against 25 tonnes in 2013-14.
Gold premiums to stay low in 2014 due to weak demand: RefinerStruggling with a high trade deficit, India raised its gold import duty to a record 10 per cent last year and made it mandatory to export a...
- MMTC to refine 200 tonne gold, silver this fiscal
The MMTC-promoted bullion refinery today said it aims to produce 100 tonnes of gold and silver each in the current fiscal.
- MMTC sees 50 % jump in turnover on strong precious metal sales
MMTC said it expects about 50 per cent jump in turnover to Rs 67,500 crore in 2010-11 driven by robust growth in sales of precious metals.