Last Updated: Friday, September 11, 2015, 15:46
Annual investment demand for gold is estimated at 300 MT per annum, which is around 35 percent of India's gold import bill (USD 34 billion in fiscal year 2014-15).
Last Updated: Friday, September 4, 2015, 12:50
Gold prices in India swung to a discount to the global benchmark this week for the first time since mid July as a weak monsoon dampened demand in the world`s second-biggest consumer.
Last Updated: Tuesday, September 1, 2015, 19:04
The government on Tuesday raised the import tariff value on gold to USD 369 per 10 grams taking strong cues from the global market.
Last Updated: Saturday, August 22, 2015, 16:11
India`s imports of dore, a semi-pure alloy of gold and silver, are rising fast and could nearly double this fiscal year, the head of the country`s top gold refiner said on Saturday.
Last Updated: Monday, August 17, 2015, 22:50
The UAE Monday raised the issue of India's high gold import duty affecting its exports to the country even as the two nations agreed on a wide range of steps to boost their economic ties.
Last Updated: Friday, July 24, 2015, 14:02
The government on Friday slashed the import tariff value on gold for the second straight week to USD 354 per 10 gm in line with weak global prices of the precious metal.
Last Updated: Thursday, July 16, 2015, 13:27
Government further slashed the import tariff value of gold to USD 376 per 10 grams and of silver to USD 498 per kg due to weak global prices.
Last Updated: Wednesday, July 15, 2015, 22:03
Imports of the precious metal stood at USD 3.12 billion in the same month of 2014. In May this year, the imports were worth USD 2.42 billion.
Last Updated: Monday, June 1, 2015, 16:47
During last fortnight, the tariff value on imported gold was USD 398 per 10 grams and on silver at USD 567 per kg.
Last Updated: Thursday, May 28, 2015, 18:57
China`s net gold imports from main conduit Hong Kong fell to an eight-month low in April, data showed on Thursday, as demand for the precious metal eased amid robust equities.
Last Updated: Sunday, May 17, 2015, 15:39
India and China accounted for 54 percent of the total global gold consumer demand in the first quarter of this year, according to a report.
Last Updated: Wednesday, April 22, 2015, 14:29
The government on Wednesday said rising amount of gold imports is no cause for an "alarm" and action will be taken at an appropriate time.
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