Gold imports cross 120 tonnes in Aug, highest so far in FY16

Last Updated: Sunday, September 13, 2015, 12:55

Gold imports stood at 89 tonnes in July 2015. In August last year, the figure was 50 tonnes.

Govt to import additional 5,000 tons of pulses to control prices

Last Updated: Friday, September 11, 2015, 22:05

Under pressure to rein in retail prices of pulses that have shot up to Rs 155 per kg, the government today decided to import additional 5,000 tonnes of tur dal to boost domestic availability.

Drought dents India gold demand; prices still appealing

Last Updated: Friday, September 11, 2015, 11:05

Nearly two-thirds of India`s gold demand comes from rural areas where jewellery is a traditional store of wealth for millions who have no access to the formal banking system.

Govt to import additional 1,000 tonnes of onion to boost supply

Last Updated: Thursday, September 10, 2015, 18:46

With retail onion prices staying at elevated levels, the government on Thursday decided to import an additional 1,000 tonnes to boost domestic supply and check prices.

Govt keeping close watch on rupee movement: Nirmala

Last Updated: Thursday, September 10, 2015, 18:43

Hit by global slowdown, India's exports contracted for the eighth straight month by 10.3 percent in July to USD 23.13 billion, pushing the trade deficit to USD 12.81 billion.

Govt to import additional 1,000 tonnes of onion to check prices

Last Updated: Thursday, September 10, 2015, 16:45

Government will import additional 1,000 tonnes of onion to check prices, Food and Consumer Affairs Minister Ram Vilas Paswan said on Thursday.

India lures gold investors with govt bond, monetisation plan

Last Updated: Wednesday, September 9, 2015, 16:50

India will soon launch a sovereign gold bond and a scheme to mobilise tonnes of the metal stored in households, the finance minister said, a move that mainly seeks to wean investors away from physical gold and cut massive imports.

India mulls safeguard duty on steel imports

Last Updated: Tuesday, September 8, 2015, 22:49

The government is likely to soon impose safeguard duty on imports of certain types of steel as it has found prima-facie evidence that surge in imports is hurting domestic producers.

Doubts over Chinese yuan put BOJ in a bind

Last Updated: Thursday, August 20, 2015, 10:00

China`s devaluation of the yuan exposes an undefended flank in the Bank of Japan`s efforts to jolt its flagging economy out of decades of deflation, which rely heavily on a solid pick-up in overseas demand.