DGFT notification on precious metal trade ensures consistency between customs duties and import regulations: GTRIThe DGFT has issued a notification aligning import regulations with the Union Budget 2025, targeting precious metals. This aims to eliminat...
20 May, 2025, 09.01 AM IST
Dubai Gold can come only through agencies nominated under CEPAIndia has restricted gold and silver imports in specific forms to curb misuse of the India-UAE CEPA. The move, following a Budget FY26 anno...
20 May, 2025, 12.59 AM IST
India imposes import restrictions on platinum alloyThe Indian government has imposed restrictions on importing platinum alloys with less than 99% purity to curb the misuse of tariff differen...
05 Mar, 2025, 12.01 PM IST
India restricts platinum alloy imports, except 99% pureIndia has moved platinum alloy imports, except for 99% pure platinum alloys, to the restricted category, as announced in a government notif...
05 Mar, 2025, 09.31 AM IST
Jewellery to get cheaper as customs duty reduced on jewellery and parts: Budget 2025Budget 2025: Customs tariff under first schedule to the customs tariff act, 1975 has been reduced to 20% on HSN code 7113 (jewellery and pa...
04 Feb, 2025, 05.39 PM IST
Budget puts a check on illegal gold imports being done using UAE trade deal loopholeThe Union Budget introduced a separate HS code for platinum alloys to address illegal gold imports under the CEPA with UAE. This measure ai...
02 Feb, 2025, 06.43 PM IST
GJEPC seeks government support to promote diamond exports and protect jobsThe Gem & Jewellery Export Promotion Council (GJEPC) is seeking government support to promote natural diamonds in international markets to ...
28 Dec, 2024, 12.18 PM IST
Exclude precious metals from FTA ambit: GTRIIndia's gold imports surged to a record $14.9 billion in November 2024, surpassing crude oil. Free trade agreements, like the one with the ...
17 Dec, 2024, 07.12 PM IST
India says UAE will look into issue of higher precious metal exports to IndiaIndia has urged the UAE to address concerns over a significant rise in exports of silver, platinum alloy, and dry dates, following the 2022...
15 Oct, 2024, 10.32 PM IST
India's duty cut halts concessionary silver, platinum imports from UAEIndia has ended its silver and platinum imports from the UAE due to removal of concessionary duties, as per a recent trade agreement. The c...
25 Jul, 2024, 05.14 PM IST
Surging gold prices drive shift from jewellery to bars and coins: WGC reportConsumers are shifting from gold jewellery to gold bars and coins due to rising gold prices, as reported by the World Gold Council (WGC). D...
22 Jul, 2024, 09.40 AM IST
India's four-week platinum imports surpass 2023 total as gold shown as platinumIndia's platinum imports surged in June as dealers exploited a loophole by registering gold alloys as platinum to avoid higher duties. This...
15 Jul, 2024, 08.20 PM IST
- India raises import duty on platinum to 15.4%
In July, New Delhi raised import duty on gold to 15% but then kept the tax on platinum imports unchanged at 10.75%.
03 Oct, 2022, 07.18 PM IST
Taking advantage of loophole, traders importing refined gold as platinum alloyNearly 22 tonnes of gold have been imported through this route, industry sources said, adding that it was causing a revenue loss of more th...
26 Sep, 2022, 11.21 PM IST
Ford launches new EcoSport edition priced up to Rs 10.69 lakhWhile the petrol variant has been priced at Rs 10.39 lakh, the diesel engine powered variant is tagged at Rs 10.69 lakh (all prices ex-show...
19 Jan, 2017, 02.14 PM IST
Should you buy platinum now that prices are down?Though the outlook for the metal is bullish, with a price rise of 15 to 20% expected this year, it is a good idea to buy platinum in small ...
15 Apr, 2015, 04.55 PM IST
- Expansion talk buoys Ferro Alloy
Shares of Ferro Alloys have been gaining ground on the bourses on talk of the company having embarked on a major expansion plan to the tune...
03 Aug, 2007, 12.09 AM IST