Trade deficit likely narrowed further in June amid cooling oil prices, sluggish gold imports
NEW DELHI : India’s merchandise trade deficit likely narrowed modestly to USD 20.7 billion in June 2025, down from USD 21.9 billion in the previous month, driven by easing crude oil prices, muted gold
DGFT : Import restriction on certain precious metal alloys containing Gold
NEW DELHI : The Directorate General Of Foreign Trade (DGFT) has restricted liquid gold import with immediate effect. The changes take immediate effect and significantly restrict imports of various precious metal compounds that were
Govt allots quota for 180 tonne of gold imports from UAE
NEW DELHI ; The Government of India allotted quota for 180 tonne of gold imports from the UAE at a concessional duty under the Comprehensive Economic Partnership Agreement (CEPA) on Monday, with a traders’
Gold imports up 331% to record high of $14.86 billion in November
NEW DELHI ; The country’s gold imports in November reached a record high of USD 14.86 billion, registering a four-fold increase, mainly on account of festival and wedding demands, according to Commerce Ministry Data.
CBIC Chairman focuses on Gold import duty under FTAs cut in Union Budget 2024
NEW DELHI : A surge in imports under free trade agreement, lower current account deficit and a spate in smuggling prompted the Union Budget to slash duty on gold from 15 percent to 6 percent, according
Gold imports jump multi-fold to $24 billion in Apr-Sep due: Commerce Ministry
NEW DELHI : Gold imports, which have a bearing on the current account deficit, zoomed to about USD 24 billion during April-September 2021 due to higher demand in the country, according to data from