Gold Imports News
Losing sleep over falling rupee? CEA Anantha Nageswaran predicts currency to improve against dollar in 2026
Rupee at record low: CEA Anantha Nageswaran predicted that the Indian rupee would improve against the US dollar next year. The CEA's views assumed significance as the domestic currency fell past 90 to the dollar on 3 December. Here's what he said.
2 min read3 Dec 2025India's current account deficit likely to widen to 1.7% of GDP in FY26 amid ongoing tariff pressures: report
India's current account deficit is projected to reach 1.7% of GDP in FY26, influenced by persistent trade tariff pressures, surpassing previous expectations.
2 min read19 Nov 2025Government imposes restrictions on imports of certain platinum jewellery — details here
The government has imposed import restrictions on specific platinum jewellery, effective immediately until 30 April 2026. Here's why these curbs were imposed.
2 min read17 Nov 2025Gold duty evasion fight turns into a game of whack-a-mole
After the last budget plugged tax evasion via platinum alloy, shipments of gold compounds that can be refined to extract the yellow metal have accelerated
4 min read12 Jun 2025Stay open: Customs mustn’t let its green channel turn red
The task of catching ‘import carriers’ and other evaders of customs duty at airports shouldn’t add friction to the process of entering India. Refrain from policy overreach and revise rules that are relics of a closed economy.
3 min read2 Jun 2025From Asia to Europe, allies to rivals: Why no country is spared from Trump’s reciprocal tariffs
Trump's new reciprocal tariffs on 180 countries risk triggering a global recession, impacting supply chains, and raising prices for consumers. This article analyzes the economic implications and potential political ramifications of this sweeping trade policy.
4 min read3 Apr 2025Who is Ranya Rao's father? IPS officer in focus after step-daughter's arrest; all about Karnataka DGP Ramachandra Rao
Kannada actress Ranya Rao was recently arrested at the Kempegowda International Airport in Bengaluru for attempting to smuggle 14.8 kg of gold. Following her arrest, her stepfather Ramachandra Rao is under the spotlight.
1 min read6 Mar 2025Trump tariffs could force banks to hike gold lease rates for Indian jewellers
In response to potential US tariffs on gold imports, Indian banks may double interest rates on gold metal loans for jewellery firms. This could significantly impact jewellers' cash flow management and pricing strategies as they navigate rising lease rates.
3 min read29 Jan 2025Gold import revision trims India’s record Nov trade deficit by $5 billion
India's trade deficit for November was revised downward to $32.8 billion, with gold imports adjusted to $9.8 billion. This revision followed a reporting error and reflects a shift in trade dynamics, with imports surpassing exports amid strong performance in services.
2 min read8 Jan 2025India's gold imports rise 21.78% to $27 billion fuelled by domestic festive season demand
Gold accounts for more than 5 per cent of India's total imports as the nation's gold import rises 21.78% to $27 billion fueled by domestic festive season demand, reported the news agency PTI.
1 min read30 Oct 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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