Tag: India gold imports
Gold imports jump 82 pc to USD 5.62 bn in April; silver by 157 pc
New Delhi: India‘s gold imports surged 81.69 per cent year-on-year to USD 5.62 billion in April, driven by high prices of the precious metal, though…
India’s gold imports: How it impacts our economy | An explainer
New Delhi: As Prime Minister Narendra Modi has appealed for austerity measures in view of the tensions in West Asia, India’s rising gold imports are…
India’s booming Dubai gold trade may be built on someone else’s mines
Prime Minister Narendra Modi’s appeal asking Indians to avoid buying gold for a year has intensified scrutiny of a sharp post-FTA surge in bullion imports…
Standstill in India gold imports drags on, threatens supply
Indian banks have been unable to import gold and silver for five weeks, an unusually long halt that’s pushing up domestic prices and threatening shortages…
Gold, silver prices at record highs: Why India may increase duties on their imports
India’s gold and silver imports surged to record levels last year, sparking concern among policymakers, with the government having few effective tools to curb inflows…
Russia’s Sberbank allowed to import gold into India
New Delhi: India on Friday added Russia’s Sberbank to the list of banks permitted to import gold into the country. “The name of the Sberbank…
Time for India to have a comprehensive gold policy: SBI study
As gold prices soar to new heights, a study on Wednesday made a case for a comprehensive policy for the yellow metal as India is…