Last month, Prime Minister Narendra Modi urged citizens to recycle idle gold instead of relying solely on newly imported gold ...
India has raised the effective import duty on gold and silver to 15% in a bid to curb non-essential imports, following a ...
India imports more than 700 tonnes of gold annually as demand for jewellery, investment and cultural purposes continues to ...
Explore why India remains a top global gold importer. Understand the impact of cultural demand, investment trends, and ...
India's gold import bill has reached ₹6.77 lakh crore, highlighting a complex interplay of tradition and economic factors.
Indian banks have resumed gold and silver imports after a month-long halt triggered by a 3% tax dispute, here's what happened, what the numbers show, and what comes next.
India's forex reserves have slipped amid the Iran war. By raising gold import duty, India is taking pre-emptive steps to save its forex reserves.
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India hikes bullion import duties as the world's second-largest gold market faces a declining rupee
The government has imposed a 10% basic customs duty and a 5% tax on gold and silver imports, as per notifications issued on ...
Experts believe that for now, domestic gold will continue to be driven by global developments, particularly geopolitical ...
The increase in customs duty on precious metals is intended to moderate avoidable import demand and ease pressure on the external account. Here is what to know.
Historically, higher Indian import duties have had a limited influence on official import volumes but have significantly ...
India’s gold demand has plunged 70% after a sharp import duty hike to 18.45%, with soaring prices, higher fuel and food costs ...
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