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Budget import duty cut will boost gold jewellery retailers' revenues by 22-25% this fiscal, notes CRISIL report
The organised jewellery sector, which accounts for just over a third of the overall market, is pois…
ANI
India will spend ₹4.25 lakh crore on 35 lakh planned weddings in Nov-Dec: PL Capital report
India will spend Rs 4.25 lakh crore on projected 35 lakh weddings planned between November to mid-D…
ANI
Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council
The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the…
ANI
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
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
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
Gold prices drop by Rs 5,000/10gm post Budget; bring cheers to retail investors
After the duty cut, the yellow metal has declined Rs 5,000 per 10 grams or 7.1% in the past three s…
PTI
Gold shines as demand for safe haven asset strong; Infomerics Ratings anticipates 10% price jump this year
Historical trends, such as the surge during the Russia-Ukraine war, highlight gold's role as a safe…
ANI
India's gold demand dips 5% to 149.7 tonnes in June quarter on high prices: WGC
However, in value terms, gold demand increased 17 per cent during the second quarter at Rs 93,8…
PTI
India's gold demand up 8% in Jan-Mar to 136.6 tonne despite high rate
India's gold demand in value terms rose 20 per cent on an annual basis to Rs 75,470 crore durin…
PTI
Centre hikes import duty on platinum to 15.4%
Import duty on platinum has been increased to a total of 15.4 per cent with effect from Monday thro…
India's gold demand dips 3% in 2023 on high prices: World Gold Council
India's gold demand witnessed on-year decline of 3 per cent at 747.5 tonnes in 2023, and going ahe…
PTI
Gold import duty hiked to 15% from 10.75% earlier
Earlier, the basic customs duty on gold was 7.5 per cent, now it will be 12.5 per cent. Along with …
PTI
Govt announces hike in basic customs duty on silver to 10% to check imports
The government on Wednesday announced increasing the basic customs duty on silver, both in dore and…
PTI
Smuggled gold seizures rise 43% to 2,000 kg during April-September
Smuggled gold seizures have increased nearly 43% to 2,000 kilogramme during April-September, with m…
PTI
India’s rich to shell out more for luxury cars, global travel but may have more to invest
The Union Budget 2023-24 is being hailed as the common man’s budget, but at the same time many …
Commerce Ministry proposes cut in gold import duty in Budget
New Delhi, Jan 13 () The commerce ministry has sought reduction in the import duty on gold in the f…
PTI
Gold prices hit life-time high amid looming recession & hope that Fed will slow its rate hikes
Gold is always seen not just as a good hedge against inflation but also a safe haven against numero…
Gold and silver jewellery to get a lot more expensive
Jewellery is set to get a lot more expensive, as customs duty on precious metals, articles of gold,…
Budget 2021: Gems and jewellery industry seeks reduction of import duty to 4%
He further urged the government to keep goods falling under HSN-71 (Harmonised System Nomenclat…