You are here:
gold imports
#

gold imports

Articles

Reining in imports: Govt proposes gold-linked bonds at 2% interest, 5-7 year maturity

Jun 19, 2015

Reining in imports: Govt proposes gold-linked bonds at 2% interest, 5-7 year maturity

The government aims to issue bonds worth Rs 13,500 crore ($2.12 billion) or the equivalent of 50 tonnes of gold in the first year #gold bonds #gold imports #CAD
RBI brushes off concerns over gold import spike - for now

Apr 30, 2015

RBI brushes off concerns over gold import spike - for now

Weak oil and commodity prices are offsetting concerns at India's central bank over the impact of a spike in gold imports on the broader economy, officials say, even as the industry forecasts another three months of strong buying. #Gold #oil prices #gold imports #Akshaya Tritiya #Bachhraj Bamalwa
Khul ja sim sim: Rich temples may have to open gold vaults for PM Modi

Apr 10, 2015

Khul ja sim sim: Rich temples may have to open gold vaults for PM Modi

Prime Minister Narendra Modi wants to get his hands on this temple gold, estimated at about 3,000 tonnes, more than two thirds of the gold held in the US bullion depository at Fort Knox, Kentucky, to help tackle India's chronic trade imbalance. #Narendra Modi #ConnectTheDots #gold imports #Gold in Indian temples #Indian Temples #Rich Temples of India #Fort Knox #Shree Siddhivinayak temple #trade imbalance
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
Govt may review restrictions on gold imports by March-end: FM

Jan 27, 2014

Govt may review restrictions on gold imports by March-end: FM

The Indian government could review restrictions on gold imports, which include a record 10 percent import duty, by the end of this year, Finance Minister P Chidambaram said on Monday. #Sonia Gandhi #Gold #fiscal deficit #Chidambaram #gold imports #Fiscal year #CAD
Relaxing gold import curbs: Chidambaram defies Sonia?

Jan 23, 2014

Relaxing gold import curbs: Chidambaram defies Sonia?

Soon after CNBC-Awaaz TV channel reported, citing sources, that Congress President Sonia Gandhi has written a letter to the government seeking relaxation on gold import curbs, Finance Minister Chidamabaram said that no such move is possible until the country's current account deficit comes under control. #Sonia Gandhi #P. Chidambaram #World Economic Forum #Davos #CAD #Gold import curbs