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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
Taper scare: Gold import curbs here to stay despite easing trade deficit

Dec 17, 2013

Taper scare: Gold import curbs here to stay despite easing trade deficit

India will keep a tight leash on gold imports despite a recent improvement in its trade deficit and lobbying by a bullion industry struggling with high premiums and a supply crunch. #PolicyWatch #Indian rupee #gold imports #CAD #US taper
Recovery path? India narrows CAD to $ 5.2 bn in Q2

Dec 03, 2013

Recovery path? India narrows CAD to $ 5.2 bn in Q2

The RBI said the turnaround in export growth and decline in imports from July 2013 onwards led to a sharp improvement in the trade deficit to $83.8 billion in the first half of 2013-14. #Numbers #Economy #GDP #P. Chidambaram #fiscal deficit #Current Account Deficit #Gold Import #Forex reserve
Gold import curbs: 15 million jewellery makers may lose job

Nov 01, 2013

Gold import curbs: 15 million jewellery makers may lose job

Gold is the second-biggest item on India's import bill after oil and, facing a record trade deficit and a plunging currency this year, the government imposed stringent rules with the aim of curbing demand for the metal. #WhyNow #Gold #jobs #Zaveri Bazaar #Gold Import #Jewellery makers

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Only reining in dollar demand, building buffers will help rupee now

Aug 12, 2013

Only reining in dollar demand, building buffers will help rupee now

What do we do about the rupee? This is a question that is nagging everyone because notwithstanding all the measures that have been invoked so far to stabilise the rupee, it just keeps slipping downwards. #RBI #Rupee #FDI #FII #CurrencyWatch #Gold Import

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Only reining in dollar demand, building buffers will help rupee now

Aug 04, 2014

Technical Trading: Gold Slips In Minor Bear Channel

(Kitco News) - December Comex gold futures are under modest pressure heading into the New York trading session. The short-term technical pattern is weak, but recent declines have been orderly. The near and medium term moving average outlook gives the...
Only reining in dollar demand, building buffers will help rupee now

Aug 23, 2014

Phelps wins gold, Ledecky breaks 400 world record

(AP) -- The second coming of Michael Phelps gained momentum with another gold medal at the Pan Pacific championships on a night when U.S. teenager Katie Ledecky set yet another world record. The old and the new faces of world swimming delivered on ex... #Michael Phelps #Ryan Lochte #Tyler Clary
Only reining in dollar demand, building buffers will help rupee now

Aug 17, 2014

Why Britain enjoyed a record medal haul at the European Championships

There have been fine performances by Jo Pavey and others but their success is the result of hard work and generous funding The ritual began on the first night, when British athletes huddled round the TV in their hotel dining room and howled and hugge... #United Kingdom #London