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What steps India has taken to stem pressure on its external balance of paymentsIndia is taking steps to manage its currency's decline. Higher duties on gold and silver imports are in place. Import rules for silver have...
HDFC Mutual Fund limits subscription in its gold ETF and FoF. What this means for investors?HDFC Mutual Fund has temporarily restricted large lump-sum investments in its Gold ETF and Gold ETF Fund of Fund amid surging gold prices a...
Centre waives customs duty on cotton imports till October 30Cotton imports will be duty-free from June 1 to October 30, 2026. This move by the Centre aims to increase cotton availability for India's ...
Silver imports restricted; licence now must for select categoriesThe Centre has restricted imports of certain silver categories, including high-purity silver bars, making licences mandatory to curb rising...
Gold imports under India, UAE FTA quota remain modest: OfficialGold imports under a special trade deal with the UAE have seen low usage. The India-UAE Comprehensive Economic Partnership Agreement offers...
Austerity drive: Duty hike pushes up bullion prices by 7%The government late Tuesday increased import duties on gold and silver to 15% from 6% with effect from May 13. The step is aimed at curbing...
Gold imports from Dubai may rise after duty hike: GTRIIndia's recent hike in import duties on gold and silver opens the door for enhanced trade relations with Dubai. Thanks to the India-UAE tra...
India rolls out new gold math with import duty hike. Who will foot the bill?India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange re...
Gold volume growth may dip 10–15% after duty hike, say jewellersIndia's gold and silver import duty hike may affect jewellery sales volumes initially. Industry leaders believe demand will stay strong due...
Gold import duty hike in US may have led to insider trading, says Zerodha’s Nithin KamathZerodha CEO Nithin Kamath highlighted the tight regulation in Indian financial markets following a surprise import duty hike on gold and si...
Gold import duty hike inflates prices, raises smuggling risk: Gem & Jewellery Export Promotion CouncilThe Gem and Jewellery Export Promotion Council has urged the government to discuss ways to control gold imports. They state that increasing...
Why gold’s Rs 10,000 spike after import duty increase is a one-off moveGold and silver prices staged a sharp comeback on Wednesday, with MCX futures for both metals surging nearly 6% in a single session after t...
Gold import duty hike to hurt jewellery trade, spur grey market: GJCGold import duty hike: The Indian gems and jewellery sector anticipates difficulties following a significant increase in gold import duty t...
Gold and silver ETFs rally up to 15% after government raises import duty. What should investors do?Gold and silver ETFs rallied on Wednesday after prices of the precious metals surged on the Multi Commodity Exchange of India, following go...
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...
Silver jumps Rs 17,000/kg, gold soars to Rs 1.62 lakh/10g after centre hikes import duty. What should investors do?Gold and silver prices surged on MCX after the government hiked customs duty on precious metal imports to 15%. This led to significant jump...
Gold jewellery to get costlier: Here's how much more you need to pay on your next purchaseIndia has significantly raised import duties on gold and silver. This move aims to reduce foreign exchange outflow and ease pressure on res...