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GOLD EXPORT SCHEME
In 1998, South Korea urged people to save the country from bankruptcy. Millions lined up with gold wedding rings and baby bracelets, raising $2.1 billion in just four monthsIn January 1998, millions of ordinary South Koreans voluntarily donated gold, including wedding rings and baby bracelets, to help their nat...- India's current account deficit to stand at 1.8% of GDP for FY27: ICICI Bank Global Market ReportIndia is expected to see a current account deficit of 1.8 per cent of GDP in FY27 as against around 2 per cent projected earlier. This adju...
- Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...
- What's brewing? FinMin seeks gold lending info from banksIn a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GML...
- India's Q4 FY26 current account surplus at $7.1 bln, driven by services exports, remittancesIndia achieved a $7.1 billion current account surplus in the fourth quarter of the last fiscal year. This positive outcome was driven by st...
- Rajesh Exports shares hit 5% lower circuit for third session on alleged Rs 15.15 lakh crore fraudRajesh Exports shares hit lower circuits for a third straight session after Sebi alleged massive revenue inflation and financial irregulari...
- Explained: Inside Sebi's Rs 15.15 lakh crore revenue inflation allegations against Rajesh ExportsRajesh Exports has come under intense scrutiny after Sebi accused the company and its promoter of inflating revenues, misclassifying person...
- The curious case of Rajesh Exports: Massive revenues, meagre profitsIndia's fourth-largest company, Rajesh Exports, faces a Sebi probe for alleged financial fraud. Investigations point to accounting irregula...
- HDFC Mutual Fund restricts lumpsum subscriptions in its gold ETF and fund of fundHDFC Mutual Fund has temporarily restricted lumpsum investments in HDFC Gold ETF and HDFC Gold ETF Fund of Fund. The move limits large subs...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIf the US-Iran ceasefire holds, the markets may see some recovery. The movement of crude oil prices and its impact on the markets supports ...
- Bonus issue alert! Goldiam International announces 1:3 bonus reward for shareholders. Check detailsGoldiam International approved a 1:3 bonus issue alongside its Q4FY26 results, marking its first bonus issue in around 21 years. The compan...
- Behind the petrol pump: Why fuel retailers losing Rs 7-8 per litre need $85 crude oil to stop bleeding cashOil companies face continued losses of Rs 7-8 per litre on petrol and diesel, with a breakeven point only at crude prices of $85-87 a barre...
- 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...
- How to manage the rupee while protecting growthFirst, on the rupee, one of the most effective ways to stabilise the currency is to improve the flow of foreign exchange into the country. ...
- India considering steps to control CAD amid Rupee, export pressure: Piyush GoyalIndia is actively exploring ways to manage its current account deficit and the weakening rupee. The government is monitoring the global eco...
- 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...
- 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...
- 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...
- 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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