The current import of gold and silver from UAE is unsustainable as UAE does not mine gold or silver, or add sufficient value add on imports, the...
Gold importers from the world’s second biggest gold consumer need to pay basic customs duty and Agriculture Infrastructure and Development Cess (AIDC) Mumbai: The Centre has allowed its...
Tariff Rate Quota (TRQ) will facilitate gold imports at reduced duty rates and help Malabar Gold & Diamonds cut jewellery manufacturing costs Malabar Gold and Diamonds...
AHMEDABAD: A wedding season buzzing with auspicious muhurats and many ceremonies throughout February kept demand for gold jewellery upbeat. With demand driven by this, gold imports...
DUBAI: Jewellery retailers are hoping gold prices in the UAE will retain the 15 per cent lower cost advantage over Indian retail rates after tomorrow’s presentation...
India is expected to slash the import duty on gold to undercut smugglers who have been offering hefty discounts as illicit imports boom after COVID-19, denting...
The Indian jewellery segment hopes that Finance Minister Nirmala Sitaraman will reduce customs duty on gold in the upcoming Union Budget 2023-24, at a time when...
The commerce ministry has sought a reduction in the import duty on gold in the forthcoming budget with a view to push exports and manufacturing of...
Indian gold prices reached a high of Rs 53,462 per 10 grams last week as global spot prices rose to over $1,800 per ounce. This price...
India witnessed a decline in both gold and silver imports in October, according to the latest by the Commerce ministry. The import of the yellow metal...
Kidnapping, torture, homicide, unreported — certainly, unreportable — larceny, and gang warfare. The checklist seems like the elements of an ordinary gangster film however, in actuality,...
Retail jewellery major Malabar Gold and Diamonds has become the first jeweller in India to import 25 kg gold under the Comprehensive Economic Partnership Agreement (CEPA)...
India’s gold imports, which have a bearing on the country’s Current Account Deficit (CAD), rose 6.4 per cent to USD 12.9 billion during April-July this fiscal...
On Friday, Prime Minister Narendra Modi launched India’s first India International Bullion Exchange (IIBX) during his visit to the International Financial Services Centre (IFSC) at the...
Gold jewellery manufacturing units in Mumbai, Ahmedabad, Coimbatore, Kolkata and ajkot have cut work time to 6-7 hours from 8-10 hours earlier as demand had fallen...
The government’s move to hike import duty on gold will result in flat revenue growth for gold jewellery retailers this fiscal, compared with the glittering run...
MUMBAI: India’s gold imports in May jumped 677% from a year ago to the highest level in a year as correction in prices just before a...
The RBI on Wednesday came up with norms for facilitating physical import of gold through India International Bullion Exchange IFSC (IIBX) or similar authorised exchange by...
New Delhi: India imported 651.24 tonnes of gold in financial year 2020-21 as compared to 719.94 tonnes in the year-ago period, the government said on Wednesday....
The National Stock Exchange (NSE) has announced its plans to set up a domestic spot gold exchange in collaboration with India Bullion and Jewellers Association Ltd....
New Delhi: India’s gold imports, which have a bearing on the country’s current account deficit (CAD), surged by about 73 per cent to USD 45.1 billion...
Mumbai: The industry is witnessing a surge in exports and domestic sales of gold jewellery (Plain & Studded) post-pandemic. In the calendar year 2021, exports of...
The game-changing Comprehensive Economic Partnership Agreement (CEPA) signed between India and the United Arab Emirates (UAE) last week, though widely expected to give a big boost...
Gold bars from the United Arab Emirates (UAE) and jewellery from India, are two key items that are getting significant duty cuts under the India-UAE Free...
New Delhi: India’s gems and jewellery exports are expected to reach USD 40 billion in the current financial year, Union Minister for Commerce and Industry Piyush...
The government may announce gold savings accounts in the upcoming Budget as a means to discourage the purchase of the metal in its physical form, as...
A quick glance at social media feeds in India over the past month shows a flurry of weddings as couples rush to tie the knot following...
The World Gold Council recently launched a report titled ‘Bullion Trade in India’, as part of a series of in-depth analysis on the Indian gold market. The...
Indian households are once again hoarding gold, pushing up the import bill and widening the trade deficit. The country’s trade deficit widened to $122 billion in...
Purchasing a gold coin or jewellery on the occasion of Diwali or Dussehra is considered a wise decision not only for its monetary value, but also...
Mumbai: India’s Gold imports have witnessed a fluctuating trend during the last 6 months and have come at par with the statistics of the pre-covid years. In April-September 2021, in terms...
The World Gold Council launched a report titled ‘The drivers of Indian gold demand’, the first in a series of in-depth analysis on the Indian gold...
Gold imports, which have a bearing on the current account deficit, zoomed to about USD 24 billion during April-September 2021 due to higher demand in the...
MUMBAI: India’s gold imports in August nearly doubled from a year earlier to the highest in five months on strong demand and as weaker prices prompted...
AHMEDABAD: Pent-up demand for gold and gold jewellery has pushed the imports of gold up in August. As the market began showing signs of revival, the...
India’s International Bullion Exchange began its pilot run at a soft launch today. The Exchange is scheduled to formally go live with an official launch on...
Gold prices eased on Friday as the dollar held gains ahead of the much-anticipated U.S. jobs data, while a growing number of Federal Reserve officials signalled...
India’s gold demand increased by 19.2 per cent to 76.1 tonne during the April-June quarter this year, largely due to low base effect, owing to the...
Deferred weddings and curbs forcing retail stores to shut caused import of gold to decline drastically.
The rise in gold imports pushed the country's trade deficit to USD 15.1 billion in April 2021 as against USD 6.76 billion in the same month...
New Delhi: Multiple factors, including high demand in gems and jewellery along with duty cut in gold, contributed to the rise in imports of gold to...
GOLD and SILVER prices slipped and rallied in London trade Wednesday after the two precious metals’ largest New York-listed ETF investment trusts expanded for a 5th session...
Mumbai/Chennai: Gold jewellers and stores across India wear a deserted look adhering to Prime Minister Narendra Modi’s suggestion for a strict 21-day isolation. 90 percent of gold...
The Union Budget’s proposal for an international bullion exchange at the financial hub in Gujarat’s GIFT City has made businesses hope that the rules will be relaxed to...
For the first time, a jewellery association has decided to launch its own e-commerce website to connect bullion dealers and jewellers with each other. The industry...
Indians love to buy jewellery, but not many would know of the logistics chain that works at the back end, running a series of operations, that...
India’s gold demand in the April-June 2019 quarter saw an increase of 14 per cent on a year-on-year basis, but it might remain muted in the next two...
India’s net import of gold jumped by 27 per cent to 192.4 tonnes in the first quarter of calendar year 2019 from 151 tonnes in the...
India is the world’s second largest of consumer, and one that has next to negligible Gold reserves. India’s love of Gold has baffled many observers. This...
NEW DELHI: Thanks to high gold prices and poor demand, the gold imports in Gujarat have plunged to an eight-year low in the financial year 2018-19...
The country’s gold imports dipped about 5 per cent in value terms to USD 26.93 billion during April-January 2018-19, which is expected to keep a lid...
The brand in order to capitalize on the festive season is offering deals available across all Tanishq stores in West...
In addition to the new campaigns, Lightbox has introduced two new jewellery collections: “Reminiscence” and “City Lights” Mumbai: Lightbox, the...
The puja-themed video comprises all the quintessential elements of the festival and highlights four distinct jewellery styles portrayed by each...
The brand’s social media page prominently showcases a variety of reels and shots from the music video, capturing the essence...
The Gold Jewellery Mela campaign, like in its previous editions, attracted primarily bridal jewellery consumers, with about 70% of the...
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