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  India's gold imports dip 24 per cent to USD 35 billion in 2022-23

  Business | May 07, 2023 11:49 IST

  Business news: The growth rate in the imports was in the negative zone during August 2022 to February this year. It jumped to USD 3.3 billion in March 2023 as against USD 1 billion in the year-ago month, the data showed.

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  Gold imports dip 47% in April-October to USD 9.28 billion

  Business | November 15, 2020 10:55 IST

  ​Gold imports, which have a bearing on the current account deficit, declined 47.42 per cent to USD 9.28 billion during April-October due to fall in demand in the wake of the COVID-19 pandemic, according to data from the Commerce Ministry.  

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  Govt to adopt wait and watch stand on rise of gold imports

  December 16, 2014 17:05 IST

  Mumbai: The six-fold rise in gold imports is a matter of concern but the government will adopt a wait and watch stand and take a call at an appropriate time, a top Commerce Ministry official

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  Gold imports down 74% to $1.75 billion in April

  May 11, 2014 16:21 IST

  New Delhi: Gold imports declined over 74% to $1.75 billion in April due to restrictions imposed by the government on inbound shipments of the precious metal to narrow the current account deficit.Imports of gold in

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  Rajan says time not ripe for lifting curbs on gold imports

  December 18, 2013 18:50 IST

  Mumbai: The Reserve Bank today said it is not the right time to take back measures it adopted to control rising current account deficit, but favoured removing curbs on gold imports.“At this point, it will

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  Gold imports may pick up, touch 725 tonnes in FY'14: GJF

  October 06, 2013 15:38 IST

  Mumbai: The country's gold import, which is at a "standstill" now, are expected to pick up and may touch 725 tonnes this fiscal, a top industry body has said. "The gold import is presently at

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  Gold imports to come down sharply to $38 billion in FY14: Rangarajan

  September 13, 2013 16:34 IST

  New Delhi: Gold imports are likely to come down to $ 38 billion from $ 53.8 billion this fiscal despite some demand pick up during the forthcoming festival season, Prime Minister's key economic advisor C

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  Gold futures regain Rs 29,000 level on global cues

  August 13, 2013 12:17 IST

  New Delhi: Gold again crossed Rs 29,000 per ten gram level in futures trade on Tuesday by rising 0.42 per cent as speculators engaged in creating positions amid a firming trend overseas.Besides, covering up of

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  Govt rules out further duty hike on gold imports

  June 13, 2013 17:47 IST

  New Delhi, June 13: With dip in gold imports, government has ruled out any further hike in customs duty and said economic indicators like CAD will improve drastically if Indians do not import it for

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  RBI imposes more restrictions on gold imports

  India | June 04, 2013 20:28 IST

  Mumbai, Jun 4: The Reserve Bank today extended the restrictions on gold import to other agencies in addition to banks, a moved aimed at curtailing demand for the precious metal for domestic use amid widening

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  Govt mulling steps to check huge gold imports: P. Chidambaram

  June 04, 2013 9:46 IST

  New Delhi, June 4: With gold imports at a staggering $15 billion in the last two months, the government today said there will be corrective measures including a possible sale of gold coins by banks

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  Gold imports may decline 50% in FY14 on RBI curbs: MMTC

  May 12, 2013 15:00 IST

  New Delhi, May 12: India's gold imports are expected to fall by 50 per cent to below 500 tonne this fiscal year if the Reserve Bank's recent move to restrict banks' bullion imports is made

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  Centre hikes tariff value of gold to check imports

  India | April 02, 2013 20:45 IST

  Tokyo/New Delhi, Apr 2 : Government today raised the tariff value of gold to check its imports even as Finance Minister P Chidambaram virtually ruled out hiking the import duty on it.The tariff value of

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  Gold, Silver Quoted Down For Fiscal Year-End Reference Rate

  March 31, 2012 20:20 IST

  Mumbai, Mar 31: Gold and silver prices quoted lower at the domestic bullion market here today for the fiscal year-end reference rate purpose, as there was no trading due to bullion traders' strike in protest