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GOLD IMPORT DUTY HIKE
Gold shines despite duty hike, silver imports tumble 66% in JulyGold imports rose slightly in July, while silver imports significantly declined. This trend followed a sharp increase in the customs duty o...- India may have found the key to unlock its $5 trillion sleeping fortuneIndia plans to revamp its Gold Monetisation Scheme by involving jewellers, aiming to unlock household gold holdings estimated at 25,000-50,...
- Gold prices rise Rs 1,400/gram in 2 days; silver dips marginally despite soft US inflation. What should investors do?Gold prices rose Rs 1,400 in two sessions, while MCX silver slipped marginally as softer US inflation lowered expectations of a near-term F...
- Gold advances as mild US inflation data puts Fed rate hike in doubtGold prices have soared to a two-month peak as consumer inflation in the U.S. showed signs of cooling. This easing in inflation has reduced...
- Gold edges higher near two-month peak ahead of US inflation dataGold edged higher near a two-month peak as investors awaited US inflation data for clues on Federal Reserve policy. Weaker jobs data reduce...
- Gold prices rise Rs 6,600/10g in 3 days; silver jumps Rs 16,200/kg ahead of US inflation data. Big rally brewing?Gold and silver prices surged on the MCX, with silver gaining over 7% in three days and gold rising more than 4%, as investors awaited US i...
- Gold, silver, platinum duty earns govt Rs 10,463 crore since May 13Government collected Rs 10,463 crore in customs duty on precious metal imports. Gold imports generated Rs 10,040 crore, while silver and pl...
- Titan shares gain 2% after Q1 results. What are Citi, Motilal, two other brokerages saying?Titan Share Price: Titan shares gained 2% after the company reported a 63% YoY rise in Q1 profit. Citi and Motilal Oswal retained their Buy...
- Gold holds steady after scaling 7-week high, US inflation data in focusGold prices remained stable during the early Asian trading hours on Monday, as investors gear up for significant inflation reports set to b...
- Gold prices jump 7% to log best weekly gain in 8 months. Start of another yellow metal bull run?Gold prices surged 7% this week, marking their strongest weekly gain in eight months as falling crude prices, weak US jobs data and resilie...
- Titan's June quarter profit surges 63% YoY, income up 40%Titan Company has shown impressive growth, reporting a staggering 63% increase in profit, largely driven by a surge in demand for jewellery...
- Indian jewellers may earn up to 1% incentive under revamped Gold Monetisation Scheme: IBJAIndian jewellers could earn an additional 0.75%-1% commission under a revamped Gold Monetisation Scheme (GMS) proposed by the India Bullion...
- WGC pushes for strategic mineral status for gold to up domestic mining, reduce importsThe World Gold Council wants gold classified as a strategic mineral. This classification would streamline mining approvals and reduce impor...
- Kalyan Jewellers slips 3% as Q1 margin pressure overshadows 32% jump in net profitKalyan Jewellers shares fell 3% after its June-quarter results highlighted margin pressure despite strong earnings growth. Consolidated net...
- India extends anti-dumping duty on select chemicals, metal goods; imposes on oneIndia has extended anti-dumping duties on four products, including chemicals and steel goods. New duties were imposed on metallurgical coke...
- India’s gold headache far from cured after 60 days of breatherIndia's gold jewellery demand is rebounding after a weak first half hit by soaring prices, higher import duties and Adhik Maas. Retailers r...
- Thangamayil Jewellery shares crash 32% in a week. What should investors do?Thangamayil Jewellery shares fell 5%, extending their one-week decline to 32%, after the company said it saw no visible improvement in sale...
- India's gold demand hits six-year low in Q2 despite record spendIndia's gold demand reached a six-year low in the April-June quarter. Record-high prices and increased import duties significantly reduced ...
- India's gold demand falls 6 per cent in April-June on weak seasonal demand, higher duty: WGCIndia's gold demand decreased six percent year-on-year during the April-June quarter. This decline occurred despite a significant fifty per...
- Gold tariff hike boosts grey market, hurts organised trade, says WGCIndia's gold imports have increased through unofficial channels following a tariff hike. This rise widens margins for grey market operators...
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