Gold Import India
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India Sits On 32,000 Tonnes of Gold. Why PM Modi Wants It Back In Play
Last month, Prime Minister Narendra Modi urged citizens to recycle idle gold instead of relying solely on newly imported gold.
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Why India Is Tightening Gold And Silver Imports As Middle East Crisis Deepens
Government data shows that India's dependence on imported gold and silver has been rising steadily over the years, adding to trade deficit and forex depletion concerns.
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$72 Billion: The Forex Logic Behind PM Modi's Appeal To Avoid Buying Gold
PM Modi's Appeal To Save Forex: Not buying gold for a year can directly reduce India's dollar outflow by tens of billions.
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India Rules Out Higher Gold Tax
India isn’t planning to raise tax on gold imports from the current 10% as it may lead to an increase in illegal shipments.
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India’s Gold Imports Down 25% In First Quarter
Gold imports had amounted to $11.26 billion in the corresponding quarter of last financial year.
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Gold Imports by India Are Said to Have Slumped for Fifth Month
India’s gold imports shrank 39 percent in May, according to a person familiar with the information.
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October Gold Imports To Hit 9-Month High On Festive Demand: Report
India's gold imports in the first nine months of 2016 are estimated to have slumped 59 percent from a year ago to 268.9 tonnes, according to consultancy GFMS.
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India's February Gold Imports Seen at Lowest Since 2013, High Prices Drag
India's overseas gold purchases are likely to hit a more than two-year low in February, as rising prices and hopes for a cut in import taxes keep buyers away, industry sources said.
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Gold Imports Cross 120 Tonnes in August, Highest So Far in FY16: Report
Gold imports stood at 89 tonnes in July 2015. In August last year, the figure was 50 tonnes.
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Gold Imports Up 61% at 155 Tonnes in April-May
In April-May of the last fiscal, gold imports had aggregated about 96 tonnes, an official said.
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Six Traders Account For 40% of India's Total Gold Imports: Report
Of the six top gold importers, three are based out of Mumbai and the others have head offices in Bangalore, Haryana and Delhi.
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Gold Imports Likely to Drop Sharply to 50-60 Tonnes in October
India, the second biggest consumer of the yellow metal globally, imported 95 tonnes of gold in September ahead of festivals like 'Akshaya Tritiya' and Diwali, which see huge rush of consumers at jewellery outlets across the country.
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Indian 2014 gold imports seen at half usual levels
To curb a record trade deficit, India imposed an import duty of 10 per cent on gold, and tied imports for domestic consumption to exports, creating scarce supply of the yellow metal and boosting premiums to a record.
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India Sits On 32,000 Tonnes of Gold. Why PM Modi Wants It Back In Play
Last month, Prime Minister Narendra Modi urged citizens to recycle idle gold instead of relying solely on newly imported gold.
-
Why India Is Tightening Gold And Silver Imports As Middle East Crisis Deepens
Government data shows that India's dependence on imported gold and silver has been rising steadily over the years, adding to trade deficit and forex depletion concerns.
-
$72 Billion: The Forex Logic Behind PM Modi's Appeal To Avoid Buying Gold
PM Modi's Appeal To Save Forex: Not buying gold for a year can directly reduce India's dollar outflow by tens of billions.
-
India Rules Out Higher Gold Tax
India isn’t planning to raise tax on gold imports from the current 10% as it may lead to an increase in illegal shipments.
-
India’s Gold Imports Down 25% In First Quarter
Gold imports had amounted to $11.26 billion in the corresponding quarter of last financial year.
-
Gold Imports by India Are Said to Have Slumped for Fifth Month
India’s gold imports shrank 39 percent in May, according to a person familiar with the information.
-
October Gold Imports To Hit 9-Month High On Festive Demand: Report
India's gold imports in the first nine months of 2016 are estimated to have slumped 59 percent from a year ago to 268.9 tonnes, according to consultancy GFMS.
-
India's February Gold Imports Seen at Lowest Since 2013, High Prices Drag
India's overseas gold purchases are likely to hit a more than two-year low in February, as rising prices and hopes for a cut in import taxes keep buyers away, industry sources said.
-
Gold Imports Cross 120 Tonnes in August, Highest So Far in FY16: Report
Gold imports stood at 89 tonnes in July 2015. In August last year, the figure was 50 tonnes.
-
Gold Imports Up 61% at 155 Tonnes in April-May
In April-May of the last fiscal, gold imports had aggregated about 96 tonnes, an official said.
-
Six Traders Account For 40% of India's Total Gold Imports: Report
Of the six top gold importers, three are based out of Mumbai and the others have head offices in Bangalore, Haryana and Delhi.
-
Gold Imports Likely to Drop Sharply to 50-60 Tonnes in October
India, the second biggest consumer of the yellow metal globally, imported 95 tonnes of gold in September ahead of festivals like 'Akshaya Tritiya' and Diwali, which see huge rush of consumers at jewellery outlets across the country.
-
Indian 2014 gold imports seen at half usual levels
To curb a record trade deficit, India imposed an import duty of 10 per cent on gold, and tied imports for domestic consumption to exports, creating scarce supply of the yellow metal and boosting premiums to a record.
