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DUTY FREE GOLD
Mind the gap: Financial products that women in India need but don’t haveIf India is serious about women-led growth, it must move beyond credit access and design finance for the agency of women.- What makes Toyota a low-risk bet in the pre-owned SUV segment?Indian buyers are increasingly opting for pre-owned SUVs, with the Toyota Fortuner emerging as a top choice for its exceptional durability ...
- India takes the shine off silver as imports plunge 82% in May after duty hikeMay witnessed a steep decline of over 81% in India's silver imports, a result of the government's recent moves to hike import duties and re...
- Organised jewellers seen sustaining growth despite 80% surge in gold prices: NuvamaIndia's jewellery sector anticipates strong growth. Weddings and festivals are driving demand, even with high gold prices. Retailers report...
- Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...
- India-Oman CEPA sparks first duty-free gold jewellery shipment from KolkataThe first shipment of gold jewellery from Kolkata to Oman under the India-Oman CEPA was dispatched by Wonder Jewels, marking the start of d...
- 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...
- Gold demand drops 70% after sharp duty hike in IndiaDemand fell to about 7.5 tonnes in the fortnight ended May 27 from around 25 tonnes a year earlier, according to industry estimates. The go...
- RBI's dividend gives Govt fiscal breathing space amid crude oil pressures: Kotak Securities Anindya BanerjeeThe Reserve Bank of India's (RBI) record dividend payout of Rs 2.87 lakh crore is expected to directly repair the government's balance shee...
- Govt imposes import curbs on silver amid push to tighten precious metals inflowsNew government restrictions target silver imports. The Centre is also tightening rules for duty-free gold imports by jewellery exporters. T...
- 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...
- Govt restricts silver imports amid push to curb metal inflowsIndia has introduced new rules for silver imports. Importers now need a government license. This policy aims to control the flow of preciou...
- Import tariff values for gold, silver raisedIndia's customs board has increased import tariff values for gold and silver. This move aims to manage import costs due to global commodity...
- Titan Company, Kalyan Jewellers, Senco Gold, other stocks fall up to 2% as Centre tightens duty-free gold importsNew regulations on duty-free gold imports for jewellery exporters have caused shares of Senco Gold, Thangamayil, and Kalyan Jewellers to di...
- India restricts duty-free gold imports to curb misuseIndia has imposed new restrictions on duty-free gold imports. This move follows a recent increase in customs duties. The government aims to...
- Marginal utilisation of gold quota under UAE trade deal: OfficialIndia's trade with the UAE is growing significantly. Gems and jewellery imports from the UAE have increased. However, this rise is in line ...
- 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...
- Government tightens rules for duty-free gold imports, caps quantity at 100 kg per licenceThe Directorate General of Foreign Trade has introduced new rules for duty-free gold imports by gems and jewellery exporters. These measure...
- Duty hike may bring out more old gold into marketIndustry executives said promoting sales of lower carat jewellery like 14K and 9K can reduce imports by 20-30%, and discouraging investment...
- 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...
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