How Trump has used the presidency to benefit himself and his alliesPresident Trump's administration is reviewing a large fund proposed for supporters. This comes amid scrutiny over various financial dealing...
02 Jun, 2026, 02.46 PM IST
India’s gold import duty hike: A double-edged swordIndia has raised gold import duty to 15% and urged citizens to buy less gold. This move targets foreign reserves and the rupee's value. How...
16 May, 2026, 12.26 PM IST
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...
13 May, 2026, 09.19 AM IST
India's gold import: How it impacts our economy | An explainerIndia's gold imports are at an all-time high, reaching $71.98 billion in 2025-26. This surge is driven by increased prices and trade agreem...
12 May, 2026, 10.26 AM IST
Apple’s Tim Cook takes on crucial new role: Global ambassadorTim Cook steps into a new role as executive chairman, dedicating more time to global diplomacy for Apple. He will engage policymakers world...
22 Apr, 2026, 07.23 AM IST
US–Iran War Day 53: Last hours for peace? Ceasefire nears expiry as Trump warns 'bombs will go off' & Iran threatens Hormuz; Markets watch nervouslyIran War Day 53 News: US–Iran war entered day 53 with tensions rising as a fragile ceasefire neared expiry and uncertainty surrounded possi...
21 Apr, 2026, 10.33 PM IST
Grains for gold: Indian export curbs drive boom in barter smugglingSmuggling of gold for food staples like sugar and grain surges across the India-Bangladesh border. India's export curbs created price dispa...
04 Dec, 2024, 03.46 PM IST
- Gold smuggling on the rise as high prices boost appeal in India
Gold in India touched a record high of 39,885 rupees ($563) per 10 grams in early September.
13 Dec, 2019, 10.19 AM IST
Gold smuggling up on higher taxesOrganised jewellers say smaller outlets are sourcing the metal through illegal means.
07 Aug, 2019, 08.11 AM IST
Illegal gold chips away at Kerala Jewellers’ BusinessTraders say they’re losing 25-30% business, claim import duty & GST are encouraging illegal trade.
28 Jun, 2019, 01.18 PM IST
Siliguri continues to be golden route for gold traffickingAgainst present price of around MMK 541, Eqv. INR 25,800, per 10 Gram of 24 karat gold at Myanmar, it is around INR 30,000 in Indian market.
23 Mar, 2017, 03.43 PM IST
Death knell: Modi's demonetisation scheme may kill dabba tradingThere was a scramble to settle trades in these illegal markets, which have emerged as parallel trading centres for shares and betting on sp...
10 Nov, 2016, 08.16 AM IST
Crackdown on gold smuggling leads to drop in discount offered from 5% to 1%James Jose, secretary, Association of Gold Refineries and Mints said the discount has already dropped to 1% and “hopefully by the end of th...
15 Sep, 2016, 09.03 AM IST
Siliguri surfacing as major illegal international gold trade hubSiliguri with its unique location at the junction of three international borders, is coming out as a preferred hub for international illega...
25 Apr, 2016, 04.22 PM IST
Black money: Suspicious hawala cash transfers in gold trades prompts Sebi to raid brokersEconomic Offences Wing is awaiting a forensic report from Sebi before considering action against the brokers, a senior police official told...
25 Mar, 2016, 01.30 AM IST
Removal of 80:20 rule: What long-term effect will the new norms have on gold imports?As per World Gold Council data, in the third quarter of 2014, India imported 204 tonnes of gold for domestic consumption, up by 124% from t...
07 Dec, 2014, 11.35 AM IST
- DMK sings Opposition tune for rollback of import duty hike on gold
DMK joined the Opposition in demanding rollback of hike in import duty on gold from 2% to 4% fearing it would encourage illegal trade of th...
27 Mar, 2012, 05.01 PM IST