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Gold import may rise to 215 tonnes in March quarter
The country had imported 207 tonnes of gold in the March quarter last year. #Gold #NewsTracker #World Gold Council
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Gold: Higher duties will result in more illegal imports
Illegal shipments of gold into the country have started started rising in the last few months after the budget imposed higher import duties on the metal #C Rangarajan #Going For Gold #YV Reddy #World Gold Council #RBI Governors
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Indian gold imports plunge 56% in Q4 from last year
Gold imports by India, the world's top consumer, plunged 56 percent to 125 tonnes in the fourth quarter, cutting full-year imports by 8.4 percent as record high prices and high interest rates hit demand. #India #bullion #Gold #World Gold Council #Bombay Bullion Association
Wire
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Rediff
Gold SMUGGLING likely to rise 40% this year
Rajesh Bhayani in Mumbai Image: A customer tries on a gold necklace at a gold shop in Hanoi. Photographs: Kham/Reuters. The high import duty on gold, local taxes and restrictions on imports are leading to a rise in smuggling of the commodity into the cou #Mumbai #India #Hong Kong
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Style.com
All That Glitters In Cannes Is Carine Roitfeld’s Gold Fashion Show
When a good cause (amfAR) and a major industry figure (Carine Roitfeld) come together, it’s a given that the fashion world will line up to lend a hand. And so it was at “The Ultimate Gold Collection” fashion show that Roitfeld staged at the nonprofit’s C #Carine Roitfeld #Marc Jacobs #Valentino (designer)
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DDI News
Govt further cuts import tariff value of gold
In the wake of falling global prices of precious metals, the govt further slashed the import tariff value of gold to USD 440 per ten grams, while it has been kept unchanged at USD 761 per kg for silver imports. Tariff value is the base price on which the #Singapore #India




