Gold Imports

"The meaning and importance of Gayatri Mantra was taught by grandfather for the first time," said Anupam Kher

Phogat will soon be forgotten. She won't appear on India's list of Olympic medallists' and nobody will care for what she went through. Spectacles, as stated earlier, are important to engage fickle collective memory.

"Tomorrow is an important day, will talk then," Vinesh Phogat told the waiting media before vanishing from the sight to prepare for her summit battle against American Sarah Ann Hildebrandt.

Finance Minister Nirmala Sitharaman today announced a reduction in import duties on gold to 6% from 15%, a move spelling good news for those looking to buy the yellow metal. The customs duty on silver has also been slashed.

Importantly, he makes it a point to return all recovered items to their owners and has never sold anything, including a valuable white gold ring.

Despite being officially abandoned in the 1970s, many countries still maintain gold reserves and now the demand for these reserves is rising due to growing economic uncertainty.

India could have achieved Prime Minister Narendra Modi's dream of a $5 trillion GDP target "long before" if not for the habit of importing gold, a member of his economic advisory team said on Monday.

The government on Wednesday imposed import restrictions on certain gold jewellery and articles, a move which would help cut the import of non-essential items.

Will India import AI Brain as a service, like it buys oil? Should India continue to overlook that it contributes to the training of global AI models without developing its own?

The industry is pinning its hope on the forthcoming Budget to push exports and generate jobs in the sector, Ex Chairman, Gems and Jewellery Export Promotion Council (GJEPC), Colin Shah said.

Gold-supplying banks have cut back shipments to India ahead of major festivals in favour of focusing on China, Turkey, and other markets where better premiums are offered, three bank officials and two vault operators told Reuters.

The platinum imports in September jumped multifold to a record high as refiners imported a large amount of gold containing small amounts of platinum but registered the purchases with customs as platinum alloy to avoid paying higher duties, government and industry officials told Reuters.

India has slashed the base import prices of crude and refined palm oil, crude soya oil and gold, the government said in a statement late on Friday, as prices corrected in the world market.

The silver imports are set to triple in 2022 from a year ago to record highs after a dip in prices to 2-year lows spurred investors to bet that the metal was primed for a rebound and could outperform gold in the coming years.

The Indian mixed badminton team on Tuesday took home the silver medal after coming up short against Malaysia in the gold medal match

"The meaning and importance of Gayatri Mantra was taught by grandfather for the first time," said Anupam Kher

Phogat will soon be forgotten. She won't appear on India's list of Olympic medallists' and nobody will care for what she went through. Spectacles, as stated earlier, are important to engage fickle collective memory.

"Tomorrow is an important day, will talk then," Vinesh Phogat told the waiting media before vanishing from the sight to prepare for her summit battle against American Sarah Ann Hildebrandt.

Finance Minister Nirmala Sitharaman today announced a reduction in import duties on gold to 6% from 15%, a move spelling good news for those looking to buy the yellow metal. The customs duty on silver has also been slashed.

Importantly, he makes it a point to return all recovered items to their owners and has never sold anything, including a valuable white gold ring.

Despite being officially abandoned in the 1970s, many countries still maintain gold reserves and now the demand for these reserves is rising due to growing economic uncertainty.

India could have achieved Prime Minister Narendra Modi's dream of a $5 trillion GDP target "long before" if not for the habit of importing gold, a member of his economic advisory team said on Monday.

The government on Wednesday imposed import restrictions on certain gold jewellery and articles, a move which would help cut the import of non-essential items.

Will India import AI Brain as a service, like it buys oil? Should India continue to overlook that it contributes to the training of global AI models without developing its own?

The industry is pinning its hope on the forthcoming Budget to push exports and generate jobs in the sector, Ex Chairman, Gems and Jewellery Export Promotion Council (GJEPC), Colin Shah said.

Gold-supplying banks have cut back shipments to India ahead of major festivals in favour of focusing on China, Turkey, and other markets where better premiums are offered, three bank officials and two vault operators told Reuters.

The platinum imports in September jumped multifold to a record high as refiners imported a large amount of gold containing small amounts of platinum but registered the purchases with customs as platinum alloy to avoid paying higher duties, government and industry officials told Reuters.

India has slashed the base import prices of crude and refined palm oil, crude soya oil and gold, the government said in a statement late on Friday, as prices corrected in the world market.

The silver imports are set to triple in 2022 from a year ago to record highs after a dip in prices to 2-year lows spurred investors to bet that the metal was primed for a rebound and could outperform gold in the coming years.

The Indian mixed badminton team on Tuesday took home the silver medal after coming up short against Malaysia in the gold medal match