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...
NEW DELHI: The Sovereign Gold Bond Scheme 2021-22 – Series- IX or the ninth tranche will be open for subscription for a five day period from...
India is adding more gold to its rising foreign exchange kitty of $640 billion. The Reserve Bank of India (RBI) has acquired 75.59 tonnes of gold...
The RBI on Wednesday asked banks to provide an option to jewellery exporters and domestic manufacturers of gold jewellery to repay a part of Gold (Metal)...
GJC sought extension of the moratorium on interest payments for a period of six months.
Reports say that the RBI is looking to hike its gold reserves to 10% of its total reserves as opposed to the current 6.5%. A Central...
NEW DELHI: The Enforcement Directorate (ED) has slapped its biggest ever FEMA show cause notice of Rs 7,220 crore on a Kolkata-based jewellery house for allegedly indulging in...
The Sovereign Gold Bond Scheme 2020-21-Series IV will be opened for subscription for the period between July 6 and July 10. The fourth instalment of the...
The value of gold in India is estimated to be 40 percent of the nominal GDP. Monetising 10 percent of this will ensure a liquidity of...
Retail sales of jewellery collapsed as gold retailers downed shutters across the country to comply with the lockdown norms. The shutdown came as a tipping point...
The issue price for the next tranche of Sovereign Gold Bonds has been fixed at Rs 4,590 per gram of gold, the Reserve Bank of...
Gold imports, which have a bearing on the country’s current account deficit (CAD), fell 14.23 per cent to $ 28.2 billion during 2019-20, according to commerce...
The government will issue sovereign gold bonds beginning 20 April offering an annual interest rate of 2.50 percent to domestic investors, the Reserve Bank of India said...
World Gold Council’s India MD says a lot of factors are favouring gold price rally, it is not just this news about coronavirus. On the back...
Rising geopolitical tensions and economic uncertainty have led to an appreciation in gold prices over the last one year. In light of this, many market experts...
New Delhi: Union Budget 20-21 is likely to cut the import duty on gold from the current 12.5 per cent with a view to push exports of jewellery...
Always a pricey possession, gold is set to remain more pricey in the New Year too as continuing geopolitical tremors, economic woes and rupee volatility are...
NEW DELHI: The Gems and Jewellery Export Promotion Council (GJEPC) recently organised the 45th India Gem and Jewellery Awards (IGJA) function in the national capital. The...
Mumbai: There is a ray of hope for diamond houses and jewellers which have been hurt by slow demand, tight liquidity, and a trust deficit in...
While panic recently gripped the already slowed down Indian economy following media reports on India selling its gold reserves, the country has the 10th largest gold...
Mumbai: The Reserve Bank of India’s direction to all lenders to promote and publicise the Gold Monetisation Scheme (GMS) from their branches underscores the intent of...
Gold prices have hit new highs in India. If you are looking to cash in on higher prices, you should know the income tax implications. Apart from...
Gold is on a winning streak, shining brighter than before. Investors, households, traders and central banks around the globe are parking cash in it. Gold has...
The withdrawal of duty benefits by the US under the Generalized System of Preferences (GSP) is yet another blow for India’s gems and jewellery sector. The decision, which came...
The newly-elected government under Narendra Modi has taken the first step towards punishing wilful defaulters, a problem that has been plaguing the banking industry for the...
The Reserve Bank of India purchased 52.3 tonnes gold in FY19 to augment its foreign exchange reserves, according to the latest data released on Tuesday by the World Gold Council. With this, it has...
