India's gold tariff hike fuels smuggling revival, squeezes banks and refinersIndia's decision to raise gold import duties to 15% is triggering a fresh surge in smuggling, as illegal operators exploit a widening price...
09 Jun, 2026, 03.39 PM IST
Monetise idle household gold, ease compliance burden to build Viksit Bharat: Kotak MF's Nilesh ShahNilesh Shah of Kotak Mutual Fund suggests India must unlock its vast household gold reserves. He also calls for easing business regulations...
27 May, 2026, 02.15 PM IST
Delhi: American national of Indian origin held at IGI Airport with 115 gold bars hidden in specially designed beltIn a significant crackdown, customs agents at Delhi's IGI Airport intercepted an American of Indian descent, discovering a staggering 115 g...
16 May, 2026, 07.09 PM IST
Iran war crisis: With long-term vision, India could turn turmoil into triumphIndia confronts an economic crisis driven by global events. Import duties on gold and silver are an initial step. Policymakers warn of crun...
14 May, 2026, 11.31 PM IST
Explainer: Why India's higher tariffs are unlikely to dent gold, silver demandIndia has increased import duties on gold and silver to 15 percent. This move aims to reduce imports and protect foreign exchange reserves....
13 May, 2026, 07.33 PM IST
India rolls out new gold math with import duty hike. Who will foot the bill?India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange re...
13 May, 2026, 06.54 PM IST
22k gold rate today: Check 24k, 22k, 18k gold prices (May 13, 2026) on IBJA, Malabar Gold & Diamonds, Joyalukkas, Tanishq and Kalyan JewellersGold prices surged on Wednesday, May 13, 2026, following a government increase in customs duty from 6% to 15% to curb imports. This duty hi...
13 May, 2026, 05.59 PM IST
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...
13 May, 2026, 12.11 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
India Inc backs Modi’s appeal to cut gold buying and foreign travel amid West Asia tensionsIndian businesses are reviewing spending and work-from-home policies after Prime Minister Narendra Modi's call to save foreign exchange and...
12 May, 2026, 05.30 AM IST
No plan to hike gold import duty despite Modi's appeal to skip buying, says government officialIndia denies plans to raise gold and silver import duties. Prime Minister Modi urged citizens to avoid gold purchases amid economic pressur...
12 May, 2026, 12.53 AM IST
Gold smuggling surges in India as price spikes before festivalsGold smuggling into India has surged ahead of the Dhanteras and Diwali festivals due to record-high prices and tight supply, officials said...
16 Oct, 2025, 04.33 PM IST
DRI busts China-based syndicate involved in smuggling gold to India, seizes over 21 kg goldThree people, including a Chinese and a Taiwanese national, have been arrested in connection with the case, the statement issued by the Dir...
07 Nov, 2019, 12.54 PM IST
DRI busts gold smuggling racket worth Rs 2,000 croreThe syndicate was smuggling the gold through Indo-Myanmar land border and then bringing it to Delhi and other locations in domestic flights.
19 Sep, 2016, 03.49 PM IST
Four-time jump in gold smuggling; Rs 245 crore gold seized in 2013-14As many as 40 cases of gold smuggling were registered in 2012-13. The value of gold seized in these cases was about Rs 44.80 crore, accordi...
11 May, 2014, 12.54 PM IST
Steep duty spurs smuggling of goldWith a rise in customs duty on gold imports, smugglers have been resorting to extreme measures to sneak in small amounts of the precious me...
30 Jun, 2013, 06.04 AM IST