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OFFICIAL GOLD IMPORTS
Fueling Demand: Inside India’s ethanol mobility revolution in reverseIndia is launching an ambitious green mobility initiative. The country is establishing E100 fuel stations nationwide before flex-fuel vehic...- Gold falls below pre-duty-hike levels as overseas prices dropGold prices in India have fallen significantly, reaching their lowest point since early May. This price drop is expected to encourage more ...
- 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...
- India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
- 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...
- Indian economy, government finances, see mounting costs from Iran warIndia's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer,...
- 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...
- 100 days of Iran war: India must brace for broad-based economic shockIn a volatile turn of events, escalating strikes between Iran and Israel are sending shockwaves that may reach India’s economy. As the spec...
- The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...
- Why are gold and silver prices down today, and will precious metals continue to drop or rise again? Analysts insights, market outlook and what should investors do nowWhy are gold and silver prices down today, and will precious metals continue to drop or rise again? Gold and silver prices declined on Frid...
- Markets poised for a cautious start as GIFT Nifty ticks higherIndian markets traded positively on Thursday, buoyed by potential tax benefits for foreign portfolio investments. Analysts anticipate a ran...
- On This Day, June 5: D-Day, Operation Blue Star, RFK assassination, AIDS epidemic, Marshall Plan and other key eventsOn This Day, June 5, history witnessed several defining moments across war, politics and social change. The date is associated with the D-D...
- 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...
- Why is gold price down today, and will precious metals continue to drop or rise again? Gold falls as inflation concerns grow amid Middle East conflictWhy is gold price down today, and will precious metals continue to drop or rise again? Gold prices declined after rising inflation concerns...
- In 2006, archaeologists unsealed a Peruvian tomb and found a tattooed woman buried with war clubs and gold crowns, revealing a powerful woman from a lost civilizationArchaeologists unearthed a tattooed woman, the Lady of Cao, in Peru. Her burial revealed she was a powerful Moche leader, not a sacrifice. ...
- Localisation lens on 500 most-imported items: DPIIT analysing data; move aims to reduce country’s import billThe Indian government is scrutinizing over 500 imported products, including machinery, fertilizers, and electronics, to identify opportunit...
- Sikkim govt revokes odd-even restrictions for private vehicles across state, Gangtok excluded from relaxationThe Sikkim govt has lifted odd-even vehicle restrictions across most districts. This decision comes as fuel stocks are now sufficient. Howe...
- Gold rebounds after Iran and US reach outline ceasefire dealThursday saw a resurgence in gold prices, which jumped more than one percent as they bounced back from a two-month low. This recovery was f...
- Why are gold and silver prices up today, and will precious metals continue to rise or fall again? Gold rebounds after Iran-US ceasefire extension talksWhy are gold and silver prices up today, and will precious metals continue to rise or fall again? Gold and silver prices moved higher after...
- 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...
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