Latest News on Gold Imports
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Gold Imports - Total results - 145
Apr 13, 2018
Gold imports shrink 40% to $2.49 bn in March; silver imports grow 31%India's gold imports fell 40.31 percent to $2.49 billion in March, which is expected to keep a lid on the current account deficit (CAD)
Mar 22, 2018
RBI's Letters of Undertaking ban not to impact Bengal jewellery industryRBI ban on Letter of Undertaking (LoU) as a trade finance instrument, will not have much impact on the gems and jewellery industry in West Bengal, but a hike in bank's credit margin may hurt the business, a GJEPC official said
Mar 12, 2018
Govt says will take action on P Chidambaram for relaxing gold import norm through 80:20 schemeFaced with barrage of attack from the Congress over the Rs 12,700 crore fraud at Punjab National Bank, the ruling BJP had earlier this month accused Chidambaram of aiding jewellers Mehul Choksi and Nirav Modi -- main accused in the country's biggest bank fraud case -- through an 80:20 gold import scheme
Mar 07, 2018
P Chidambaram 'opened all doors' for favourable companies during UPA rule, says Ravi Shankar PrasadRavi Shankar Prasad on Monday launched a scathing attack on the Congress, accusing former finance minister P Chidambaram of ‘tweaking’ rule to allegedly benefit Mehul Choksi’s company
Mar 06, 2018
BJP claims Chidambaram passed order on LS result day to benefit seven private firms including Gitanjali GemsRavi Shankar Prasad alleged the then Congress-led UPA govt "destroyed" the economy by not letting the real stressed assets get reflected in banks books.
Mar 05, 2018
Ravi Shankar Prasad says P Chidambaram passed 80:20 scheme to benefit Gitanjali groupUnion Minister Ravi Shankar Prasad launched a scathing attack against Congress, accusing them of indulging in the "politics of confusion and fear" since the past four years of the NDA government
Feb 12, 2018
Retail inflation expected to moderate at 5%, trade deficit likely to improve, says reportThe debate on the re-emergence of macro stability risks has intensified owing to the rising headline inflation, widening trade deficit and also the widening the fiscal deficit targets for both the current and next fiscals.
Feb 06, 2018
Gold demand went up by 9% to 727 tonne in 2017; import of yellow metal up 59%, says WGCThe growth gold demand was mainly driven by jewellery segment in 2017, which was up by 12 percent at 562.7 tonne compared to 504.5 tonne in 2016.
Dec 05, 2017
Foreign Trade Policy mid-term review: Exporters heave a sigh of relief; now for quicker GST refundsAccording to industry estimates, in four months since July when GST came into effect, “about Rs 40,000-50,000 crore” has been pending with the government in the form of GST refunds
Nov 27, 2017
India's gold imports to be over 700 tonnes in current fiscal, up 40%, says industry bodyGJEPC chairman demanded that the import duty on gold be brought down to 4-5 percent in the Budget, asserting that the prevailing 10 percent import duty on the yellow metal gives rise to smuggling