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2 mins read
Gem, jewellery exports drop 21.9% to $1.67 billion in July
"The exports are mainly affected due to decline in demand following geopolitical disturbance in…
PTI
3 mins read
India's exports dip 1.2% in Jul to enter negative zone; trade deficit widens to $23.5 bn
Crue oil imports rose 17.44 per cent to USD 13.87 billion, while silver imports jumped 439 per c…
PTI
1 min read
India's gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC
The total gems and jewellery exports stood at Rs 18,413.88 crore (USD 2,240.77 million) during June…
PTI
3 mins read
Indian exports show resilience amid global challenges in first quarter, says CRISIL report
Despite the positive growth in exports, the trade deficit widened to $21 billion in June from $ 19.…
ANI
1 min read
RBI proposes rationalising regulations on export, import transactions
The RBI on Tuesday proposed rationalising regulations that cover export and import transactions wit…
PTI
2 mins read
Gold imports dip 4.23% to $12.64 billion in Apr-July 2024
In April, the imports jumped to $ 3.11 billion from one billion in April 2023. According to a jewel…
PTI
1 min read
Sitharaman announces cut in customs duty on gold, silver to 6%
The reduction in basic customs duty of gold, silver and platinum has been a long pending demand…
PTI
3 mins read
Here's what will get cheaper and costlier after this Budget
One aspect that always garners much traction on the Budget day is what got cheaper and what got cos…
ANI
4 mins read
Gold, silver import from UAE surged 210% in 2023-24; Need duty revision in FTA: GTRI
India's gold and silver imports from its free trade agreement (FTA) partner UAE have skyrocketed 21…
PTI
2 mins read
Silver price gains are outshining gold's thanks to China's overproduction of solar panels
Silver prices have soared 35% to 12-year highs, outpacing gold's gains. The rally is driven by indu…
Huileng Tan
2 mins read
Some central banks have sold gold at record prices, cashing in on the global boom
Gold prices have hit fresh record highs amid macroeconomic and geopolitical uncertainties.
Huileng Tan
1 min read
India's trade deficit shoots up in October due to spike in oil prices
India's merchandise trade deficit in October stood at $31.46 billion as the country's imports shot …
3 mins read
Brides buy half of all gold jewellery sold in India says World Gold Council report
The World Gold Council reports that jewellery for brides is mostly made of 22-carat gold, and domin…
2 mins read
India's exports dip 2.83% to $33.9 bn in Nov; trade deficit narrows to $20.58 bn: Govt data
India's merchandise exports slipped by 2.83 per cent to USD 33.90 billion in November while the tra…
PTI
1 min read
China has snapped up a huge amount of gold for 16 months in a row
The price of gold has surged to a record high, and Swiss exports of the precious metal to China nea…
Phil Rosen
2 mins read
Suspected smugglers were caught trying to hide $10 million of gold by painting it silver and disguising it as machinery on a cargo plane
It is the largest gold-smuggling case on record in Hong Kong, according to officials.
Polly Thompson
3 mins read
Exports fall for third consecutive month by 12.7% in April; trade deficit at 20-month low
India's exports declined for the third consecutive month, falling by 12.7% to $34.66bn in April. Th…
PTI
1 min read
Russian gold floods into Hong Kong after UAE cracks down on illicit activity
Russian gold shipments to Hong Kong have soared to 68 tons so far this year, four times the amount …
Aruni Soni
1 min read
Russia exports gold to Switzerland for the first time since the war in Ukraine began as some buyers soften on self-sanctioning
Most nations have self-sanctioned from Russian gold, but Switzerland's move signals that the trend …
Phil Rosen
1 min read
Russian gold exports to Switzerland point to a stealth buyer as the country's top refiners say they didn't import any
Metal shipments frequently flow through the Switzerland's free-trade zones on their way to other de…