Textile industry seeks cotton import duty cut as prices surge 25%, output falls shortIndian textile makers are urging the government to abolish the 11% import duty on raw cotton. Domestic prices have surged by 25% in two mon...
16 May, 2026, 12.30 AM IST
Gold imports jump 82 pc to USD 5.62 bn in April; silver by 157 pcIndia saw a significant jump in gold imports in April, reaching USD 5.62 billion. This surge was driven by high prices. However, the govern...
15 May, 2026, 06.47 PM IST
DRI, Customs officers to intensify vigil on gold smuggling post import duty hikeRevenue intelligence and customs officials are preparing to tighten surveillance across airports, seaports and land borders after India rai...
13 May, 2026, 01.59 PM IST
India raises gold import duty back to 15%: What’s behind the moveIndia has significantly raised import duties on gold, silver, and platinum. This move aims to safeguard the nation's economy and foreign ex...
13 May, 2026, 08.55 AM IST
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...
13 May, 2026, 08.41 AM IST
Trump's proposed 'Golden Dome' estimated to cost USD 1.2 trillion, far more than he initially saidPresident Donald Trump's ambitious "Golden Dome" missile defense system is projected to cost a staggering USD 1.2 trillion over two decades...
13 May, 2026, 07.30 AM IST
Padma Doree textile debuts in New Delhi featuring 13 designersThe event highlighted the collaborative potential of India's diverse textile heritage, featuring artisans and designers from Madhya Pradesh...
07 May, 2026, 01.14 PM IST
Donald Trump's drugmaker deals may save economy $529 billion over 10 years: White HousePresident Trump's administration projects significant savings from deals with drug companies. These agreements aim to lower US prescription...
05 May, 2026, 09.12 PM IST
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...
30 Apr, 2026, 06.06 PM IST
Padma Doree to celebrate India's textile heritage and the evolution of fabricDeveloped across two regions, it features natural dyes, an isothermal process, and non-violent silk, promoting sustainability and artisan l...
22 Apr, 2026, 03.09 PM IST
Government puts gold dore imports under restricted categoryIndia, the world's second-biggest gold consumer after China, imports about 900 tonnes of gold a year.
30 Nov, 2018, 10.43 PM IST
Rising gold dore imports to India to dent banks' market shareThe rising dore imports should reduced the market share of refined gold-supplying banks such as JPMorgan, ICBC Standard, Scotiabank, UBS, H...
06 Aug, 2018, 12.40 PM IST
Ghana makes government certificate mandatory for exporting dore goldConflict gold is mined illegally or by employing child labour or using illicit means of mining. Funds generated by such means are used to s...
03 Nov, 2016, 12.57 PM IST
Indian gold refining units are now focusing on scrap jewelleryThe duty differential for refining units in nonexcise free area is a meagre 0.47% those operating in excise free zone is enjoying a margin ...
25 Mar, 2016, 02.25 AM IST
Budget 2016 may result in closure of gold refining units in IndiaIn the budget the government has hiked the excise duty on dore gold (impure gold) from 8% to 8.75% and excise duty from 9% to 9.5%.
29 Feb, 2016, 04.08 PM IST
Gold dore imports on 8% duty hit bar inflows from DubaiImport of gold bars from Dubai to India, that attracts a 10 per cent import duty, may take a hit as refiners are importing more of gold dor...
14 Sep, 2015, 05.14 AM IST
RBI eases norms for gold dore importsRBI partly eased restrictions on import of gold dore by allowing refineries to import 15% of their gross annual requirement in first 2 mont...
31 Dec, 2013, 09.37 PM IST