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2 mins read

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   


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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   


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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   


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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   


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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   


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4 mins read

FM cuts customs duty on minerals critical for energy transition

"We will bring out a policy document on appropriate energy transition pathways that balances th…

PTI   


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3 mins read

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   


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2 mins read

Budget 2024 – Customs duty on mobile phones, chargers and more reduced

Finance Minister Nirmala Sitharaman today presented the Union Budget 2024-25 in the parliament, unv…

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2 mins read

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   


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2 mins read

Government should rationalise customs duty in Budget to boost domestic manufacturing: Indian Chamber of Commerce

The Indian Chamber of Commerce (ICC) has suggested the government to rationalise customs duties in …

PTI   


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1 min read

Govt cuts import duty on refined soybean & sunflower oils to 12.5%

The government has reduced the import duty on refined soybean and sunflower oils to 12.5 per cent f…

PTI   


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2 mins read

Donald Trump reportedly wants to raise tariffs to pay for tax cuts

Critics of Trump's tariff proposals say that they would raise costs for Americans and stoke further…

Filip De Mott   


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3 mins read

Indian government is softening the inflation blow with export bans, duty cuts and subsidies

The CPI inflation touched an eight-year high in April, at 7.79%. The rising inflation will not come…

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2 mins read

Cuts could cost thousands of US soldiers their education benefits

The US Army is considering reductions to the Credential Assistance and Tuition Assistance programs,…

Ella Sherman   


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3 mins read

Biscuits, ghee and hair oil to get cheaper after government duty cut — but after three months

The Indian government’s decision to allow duty-free import of crude soybean oil and sunflower oil, …

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5 mins read

India tweaks licensing norms for laptop, computer imports; online authorisation system introduced

The government on Thursday tweaked the cumbersome licensing norms to import IT hardware products li…

PTI   


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3 mins read

Cooking oils are getting cheaper but healthier options are as pricier as they were

Indian consumers are switching to unhealthy oils as healthier options keep getting costlier due to …

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1 min read

Elon Musk wants to bring Tesla to India but high import duties are a challenge

"We want to do so, but import duties are the highest in the world by far of any large country!…

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1 min read

Govt proposes to cut import duty on newsprint to 5 pc

New Delhi, Feb 1 () Finance Minister Nirmala Sitharaman on Saturday proposed to cut the import duty…

PTI   


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2 mins read

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