• Gold imports jump 23% to $346 billion in 202021 |

    NEW DELHI: Gold imports, which have a bearing on the country’s current account deficit (CAD), rose by 2258 per cent to USD 346 billion (about Rs 254 lakh crore) during 202021 due to increased domestic demand, according to the Commerce Ministry data Silver imports during the last fiscal, however, dipped by 71 per cent to about USD 791 million

  • Gold Imports by India Slump to Lowest in Decade on

    India, the world’s biggest consumer of gold after China, imported its lowest monthly volumes in at least a decade after curbs to control the coronavirus pandemic

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  • Gold imports rise by 2258% to $346 bn in 202021

    Gold imports, which have a bearing on the country’s current account deficit (CAD), rose by 2258 per cent to USD 346 billion (about Rs 254 lakh crore)

  • Exclusive: India's March gold imports surge 471% to a

    The surge in imports could increase India's trade deficit and pressure the rupee India's gold imports in March surged 471% from a year earlier to a record 160 tonnes, a government source told

  • Gold Import Latest News on Gold Import | Read

    Gold imports slide 51% to $27 billion in AprilMay Gold imports fell by about 51 percent to USD 27 billion in AprilMay this fiscal, which is expected to keep a lid on the current account

  • India's gold imports Latest News on India's gold

    India's gold imports fell sharply by 76 percent to 60 tonnes in the AprilJuly period this fiscal on high import duty and other taxes, according to gold and silver refiner MMTCPAMP Aug 12, 2016,

  • Indias November gold imports nearly halve on higher prices: GFMS Tracking overseas markets,
  • The Major imports in india & steps taken by

    Gold imports into India, the world’s biggest buyer of the metal, may be 750 tonnes in the fiscal year ending 31 March 2014, said ArvindMayaram, economic affairs secretary at ministry of finance, as government curbs take effectIn a bid to contain a record trade deficit, the government has hiked the import duty on refined gold three times since 1 January and it now is at a record 10%Edible oil imports of world's top buyer India are likely to rise 4 percent to a

  • India curbs FX outflows, targets gold imports in new

    Separately, the central bank banned imports of gold coins and bars, which constituted about 36 percent of total billion demand in India last year, and will require domestic buyers to pay cash for

  • Gold imports seen falling sharply in September

    The government wants to cut gold imports to $38 billion in the fiscal year to March 2013, down 38 per cent on the year, to help rein in a bulging current account deficit Imports during April and

  • Exclusive: India's March gold imports surge 471% to a

    India's gold imports in March surged 471% from a year earlier to a record 160 tonnes, a government source told Reuters on Thursday, as a reduction in import taxes and a

  • India's gold imports set to rise as RBI eases curbs

    Gold imports to top consumer India are set to jump in coming months after the central bank eased gold import curbs, ahead of an expected cut in import duty in next week’s federal budget

  • Gold Imports by India Said to Slump 52% in

    Gold imports by India, the world’s secondbiggest consumer, dropped 52 percent last month after shipments surged in August

  • Why India’s gold imports are increasing Yahoo

    The value data for gold imports is reported by Reserve Bank of India (or RBI) every month It shows India's physical gold demand India imports ~90% of the gold it consumes

  • Exports Slip 68% In July; Gold Imports More Than Halve

    Gold imports, which till recently was a matter of concern for the government, more than halved to $108 billion in the month Merchandise exports totalled

  • Exports slip 68 pc in July; gold imports more than

    Gold imports, which till recently was a matter of concern for the government, more than halved to USD 108 billion in the month Merchandise exports totalled USD 2169 billion in July as against USD 2328 billion in the same month last year

  • India vows not to cross 'red line' on fiscal deficit

    The finance minister added that Indian government revenues are expected to increase by 21 per cent in the 201314 fiscal year | India vows not to cross 'red line' on fiscal deficit target

  • GEM AND JEWELLERY INDUSTRY IN INDIA SlideShare

    IMPORTS Total imports by India declined by 1346% yoy to US $3537 bn during June 2012 compared to total imports of US $4087 bn in June 2011 India’s import of gems and jewellery increased by 4539% in Fiscal 2012 to US $ 4193 bn from US $ 2884 bn in Fiscal 2011 The total imports of gems and jewellery sector grew at a CAGR of 2774%

  • India’sbalanceofpaymentscrisisandit’simpacts

    LERMSIntroduced, from March 1992, a dual exchange ratesystem in the place of a single official rateOne official rate for select government and privatetransactions and the marketdetermined rate forthe othersTreated current and capital transactions indifferent waysDecision to permit gold imports was linked toLERMS 48

  • UPSC Prelims Economy Questions & Answers [2013

    (1) India’s merchandise exports are less than its merchandise imports (2) India’s imports of iron and steel, chemicals, fertilisers and machinery have decreased in recent years (3) India’s exports of services are more than its imports of services (4) India suffers from an overall trade/current account deficit

  • India's gold imports set to rise as RBI eases curbs

    Gold imports to top consumer India are set to jump in coming months after the central bank eased gold import curbs, ahead of an expected cut in import duty in next week’s federal budget

  • Gold Imports by India Said to Slump 52% in

    Gold imports by India, the world’s secondbiggest consumer, dropped 52 percent last month after shipments surged in August

  • Exports Slip 68% In July; Gold Imports More Than Halve

    Gold imports, which till recently was a matter of concern for the government, more than halved to $108 billion in the month Merchandise exports totalled

  • Gems and Jewellery Industry in India, Indian, Diamond

    Government Initiatives In Union Budget 202122, the government announced reduction on import duty for precious metals (including gold and silver) to 75%, from 12%, that will help the gems and jewellry exports market in India become globally competitive Indian Government made hallmarking mandatory for Gold Jewellery and Artefacts

  • Rupee's latest slide is likely to set back the economic

    Gold accounts for about 10 per cent of India's imports According to Raghuram G Rajan, Chief Economic Advisor of the Finance Ministry, between May 1 and May 20 gold imports averaged $135 million

  • Exports slip 68 pc in July; gold imports more than

    Gold imports, which till recently was a matter of concern for the government, more than halved to USD 108 billion in the month Merchandise exports totalled USD 2169 billion in July as against USD 2328 billion in the same month last year

  • Stemming rupee slide: Fresh import curbs soon to

    The International Monetary Fund on Tuesday warned that India’s CAD may rise to 3% of its GDP in FY19, worse than 2628% forecast by many analysts and much above the 19% level recorded in

  • Why is the Indian Rupee Depreciating? | My India

    This has also hampered India’s efforts to arrest the slide of the INR Gold alone takes up more than 10 per cent of India’s import bill – in April 2013, 141 tons of gold were imported and it

  • India’sbalanceofpaymentscrisisandit’simpacts

    LERMSIntroduced, from March 1992, a dual exchange ratesystem in the place of a single official rateOne official rate for select government and privatetransactions and the marketdetermined rate forthe othersTreated current and capital transactions indifferent waysDecision to permit gold imports was linked toLERMS 48

  • Depreciation of Rupee in 2013: Causes, Measures and

    ADVERTISEMENTS: Let us make indepth study of the causes, effects, cure, impact on Indian economy and measures of depreciation of rupee in 2013 Causes, Effects and Cure of Depreciation: From May 22, 2013 the value of Indian rupee was Rs5548 to a US dollar and within fifteen days it fell to Rs 5707 to a []

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