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gold imports

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RBI's decision to lift ban on import of gold coins the right move: World Gold Council

Feb 19, 2015

RBI's decision to lift ban on import of gold coins the right move: World Gold Council

The World Gold Council (WGC) said the RBI's decision to lift a ban on import of gold coins and medallions by banks and allowing them to import gold on a consignment basis was a right move. #Gold #RBI #Reserve Bank of India #World Gold Council #gold coins #Gold Import #Gold medallions #80:20 scheme #trading houses
Budget 2015: Govt may consider reducing gold import duty by 2-4%

Feb 05, 2015

Budget 2015: Govt may consider reducing gold import duty by 2-4%

The government may consider 2-4 percent reduction in gold import duty in the forthcoming Budget, a move that could help boost exports and manufacturing of gems and jewellery #Gold #Export #import #GEMS #Gold import duty #Budget2015 #jewellery sector #All India Gems and Jewellery Federation #Common Man Budget 2015 #Finance Budget 2015
December trade deficit at $9.43 billion, falls to 10-month low

Jan 16, 2015

December trade deficit at $9.43 billion, falls to 10-month low

India's trade deficit declined to 10-month low of $9.43 billion in December mainly on account of falling imports due to slump in crude prices, though exports too have come down. #Dollar #oil #Crude #exports #imports #Trade Deficit #gold imports #Trade data #december trade data
No cheer yet: Fin Min says restrictions on gold imports likely to continue

Aug 21, 2014

No cheer yet: Fin Min says restrictions on gold imports likely to continue

The Finance Ministry today indicated that restrictions on gold import scheme are likely to continue till situation becomes "more comfortable". #Gold #Export #Arun Jaitley #import #Arvind Mayaram #Gold Import
Get this 3,000 kg of gold smuggled every month, claims Chidambaram

Jan 28, 2014

Get this 3,000 kg of gold smuggled every month, claims Chidambaram

Finance Minister P Chidambaram admitted on Monday that gold smuggling has increased in the wake of higher duties and other curbs on the import of the yellow metal into the country. #Gold #P. Chidambaram #TheySaidIt #CAD #Gold Import #Gold smuggling