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At present, there is a 10 per cent import duty on gold. (Photo: PTI)

Gold duty cut may become a thorny issue in India-EFTA talks

The two-way trade between India and EFTA slumped to USD 19 billion in 2016-17

29 Sept 2017 6:06 PM IST

Increase in gold imports pushed the countrys trade deficit to USD 94.32 billion in April-September 2018-19.

Gold imports up 4 pc to USD 17.63 billion in Apr-Sep 2018-19

In volume terms, the country imports 800-900 tonnes of gold annually.

19 Oct 2018 11:33 AM IST

Origin of gold is one of the most intriguing mysteries for mankind since ancient times. (Photo: Pixabay)

India's gold imports up 53 per cent to 846 tonne

Global prices of gold remained lower between USD 1,200 per ounce and USD 1,300 per ounce.

17 Jan 2018 5:42 PM IST

The CBI on Friday questioned a former Deputy Governor of the Reserve Bank, H R Khan, in connection with alleged bank fraud cases involving diamond traders Nirav Modi and Mehul Choksi and relaxation of gold import policy by the erstwhile UPA government, sources said on Friday.

PNB fraud case: CBI quizzes ex-deputy governor of RBI

The officials said he was questioned about the UPA government's 20:80 gold import scheme.

6 April 2018 6:46 PM IST

The Reserve Bank of India (RBI) late on Monday dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began April 1.

RBI drops Axis Bank from list of bullion importers

It was unclear why Axis, one of India's leading importers of bullion, did not feature in the list.

3 April 2018 12:57 PM IST

Increase in gold imports pushed the countrys trade deficit to USD 94.32 billion in April-September 2018-19.

Gold imports dip in FY19

In FY18, the country had imported 804 tonnes valued $33.57 billion.

19 April 2019 2:35 AM IST

The confluence of stable prices, upcoming wedding season and pent-up demand made this Akshaya Tritiya memorable for the gold and jewellery sector, which saw demand bouncing back after a gap of two years. Jewellers across the country witnessed on an average 15 to 20 per cent growth in sales over last year.

Gold imports rise 54 per cent to USD 3.97 billion in April

After recording a negative growth in imports in February, gold imports started registering double-digit growth.

20 May 2019 3:12 PM IST

Seized gold biscuits. (Photo: ANI)

Gold ETFs register first inflow in Aug at Rs 145-cr on higher gold...

Higher gold prices in India may have helped investors in pumping their money in gold ETFs.

10 Sept 2019 2:59 PM IST

In the international market, gold was trading higher at USD 1,489.50 per ounce and silver at USD 17.82 an ounce.

Gold imports dip 6.77 per cent during April-Dec 2019

The country's gold imports dipped about 3 per cent in value terms to USD 32.8 billion in 2018-19.

27 Jan 2020 10:41 AM IST

Gold prices in the international market are 12 per cent lower than their record high levels of $2,072 per ounce. DC Image

Duties fail to make dent in gold imports

The duty benefits led to rapid expansion of refining capacity in India, with number of refineries growing from three in...

10 Dec 2021 9:24 AM IST

Gold prices in the international market are 12 per cent lower than their record high levels of $2,072 per ounce. DC Image

Intermediate goods imports post growth

For the third consecutive quarter, India had the highest growth of intermediate goods imports of 65 per cent

5 Feb 2022 10:30 AM IST

Exporters need all the help they can get to help close the trade deficit. (Representational image)

India's November trade deficit narrows to $16.67 billion

India, the world's third-biggest crude importer, buys over 80 percent of its oil from overseas markets.

15 Dec 2018 10:15 AM IST