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IMPORT DUTY
HDFC Mutual Fund limits subscription in its gold ETF and FoF. What this means for investors?HDFC Mutual Fund has temporarily restricted large lump-sum investments in its Gold ETF and Gold ETF Fund of Fund amid surging gold prices a...05 Jun, 2026, 02.28 PM IST- Exchange of old gold has risen almost 60% year-on-year, say jewellery retailersGold prices are soaring in India, prompting a surge in old gold exchanges. Consumers are trading in existing jewellery to buy new pieces. T...05 Jun, 2026, 11.57 AM IST
- Gold slips, set for weekly loss on Mideast tensions, rate-hike fearsGold prices dipped, heading for a weekly decline as Middle East tensions overshadowed peace prospects. Rising inflation and potential inter...05 Jun, 2026, 07.32 AM IST
- HDFC mutual fund places limits on Gold ETF investmentsHDFC Mutual Fund has placed restrictions on buying gold ETFs. This move affects large investors and limits monthly purchases for others. Th...05 Jun, 2026, 06.15 AM IST
- Cold storages struggle as Gulf cargo lands in IndiaIndian cold storages are full of imported apples, avocados, and dry fruits. Shipping disruptions due to the Iran war are causing these dive...05 Jun, 2026, 12.23 AM IST
- PCB makers seek 50% price hike as Iran war crushes supply chainsDomestic PCB manufacturers are demanding a 45-50% price increase and duty exemptions for imported components due to escalating production c...03 Jun, 2026, 06.00 AM IST
- Silver imports via authorised channels onlyNew import rules for silver are now in effect. All silver imports must go through specific government-approved channels. This includes agen...03 Jun, 2026, 12.50 AM IST
- Smugglers are hard at work as higher duty puts the shine on goldThe recent spike in import duties in India has inadvertently fueled a rise in gold smuggling activities. Traders are noting a marked increa...02 Jun, 2026, 11.58 PM IST
- RBI may have sold gold to save foreign reserves, BE report showsThe RBI may have sold about $12 billion worth of gold reserves in the two weeks through May 22 to protect its foreign-currency assets amid ...02 Jun, 2026, 12.47 PM IST
- Cotton prices down 3% on import duty suspension, may slide moreIndia has suspended its 11% import duty on cotton until October. This move has immediately reversed the recent rally in cotton prices, with...02 Jun, 2026, 12.54 AM IST
- CITI welcomes temporary removal of 11% cotton import duty, calls it boost for textile exportsThe move aims to boost the competitiveness of India's MSME-dominated textile sector amidst global challenges and support the nation's targe...01 Jun, 2026, 12.22 PM IST
- Centre waives customs duty on cotton imports till October 30Cotton imports will be duty-free from June 1 to October 30, 2026. This move by the Centre aims to increase cotton availability for India's ...30 May, 2026, 05.00 PM IST
- India eyes fiscal support for domestic EV battery supply chainIndia is planning new incentives to boost local production of battery components. This move aims to reduce import dependence for electric v...30 May, 2026, 07.48 AM IST
- 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...30 May, 2026, 06.00 AM IST
- EU governments clear US trade deal legislation: SourceEuropean Union governments have approved removing import duties on many United States goods. This move aims to prevent United States Presid...27 May, 2026, 01.45 PM IST
- Govt in 'advanced stage of consultation' on industry's demand for cotton import duty removalThe Indian government is actively considering removing the 11 percent customs duty on raw cotton imports. Ministries are in advanced talks ...24 May, 2026, 10.35 AM IST
- Import duty hike to decrease India's gold demand by 50-60 tonnes in 2026India's gold demand faces a significant drop this year. The World Gold Council predicts a contraction of 50 to 60 tonnes. This decline foll...22 May, 2026, 07.58 PM IST
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