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Gold, silver imports plunge sharply to $0.8 bn in Sept

Last Updated: Wednesday, October 9, 2013, 18:56

Gold and silver imports fell by over 80 percent to USD 0.8 billion in September on account of a slew of measures taken by the government to curb inbound shipments of the precious metal, a development that will help narrow the record current account deficit.

Jewellers face long road to export growth

Last Updated: Wednesday, October 2, 2013, 13:56

Indian jewellers, long spoiled by access to the world's largest group of gold consumers, must seek expansion overseas after the authorities tied gold imports to exports. But the path will not be easy.