Jewellery demand and gold investment demand also declined in the first quarter and going ahead it could be a "challenging year"
30 Apr 2020 2:19 PM
The country's gold imports dipped about 3 per cent in value terms to USD 32.8 billion in 2018-19.
27 Jan 2020 10:41 AM
Higher gold prices in India may have helped investors in pumping their money in gold ETFs.
10 Sep 2019 2:59 PM
After recording a negative growth in imports in February, gold imports started registering double-digit growth.
20 May 2019 3:12 PM
In FY18, the country had imported 804 tonnes valued $33.57 billion.
19 Apr 2019 2:35 AM
India, the world’s third-biggest crude importer, buys over 80 percent of its oil from overseas markets.
15 Dec 2018 10:15 AM
In volume terms, the country imports 800-900 tonnes of gold annually.
19 Oct 2018 11:33 AM
The officials said he was questioned about the UPA government's 20:80 gold import scheme.
06 Apr 2018 6:46 PM
It was unclear why Axis, one of India’s leading importers of bullion, did not feature in the list.
03 Apr 2018 12:57 PM
Global prices of gold remained lower between USD 1,200 per ounce and USD 1,300 per ounce.
17 Jan 2018 5:42 PM
The two-way trade between India and EFTA slumped to USD 19 billion in 2016-17
29 Sep 2017 6:06 PM
GST is payable at the rate of 3 per cent of the total transaction value of jewellery.
21 Aug 2017 4:16 PM
According to industry sources, some exporters were availing of export incentives by claiming export of gold items of above 22 carat purity.
17 Aug 2017 2:22 AM
Cumulative export during April-July of 2017-18 rose by 8.91 per cent to USD 94.75 billion.
14 Aug 2017 6:25 PM
The 10 per cent import duty on gold does not apply to countries that have signed FTA with India.
14 Aug 2017 4:28 PM
GST will bring lot of transperency in the gold industry including check on illgeal imports.
25 May 2017 5:22 PM
The plunge takes place after jewellers have aggressively restocked inventory ahead of a national sales tax that takes effect on July 1.
23 May 2017 2:11 PM
The strong performance expected in FY18 may help India retain the the fastest growing tag.
16 May 2017 1:54 AM
Total import of the precious metal in the corresponding period of 2015-16 stood at USD 30.71 billion.
09 Apr 2017 11:06 AM
The yellow metal imports reduced to 54.1 tonnes in December and 53.2 tonnes in January.
12 Mar 2017 2:05 PM