The government mulls over cutting import tax in order to curb gold smuggling
1 min read22 Dec 2016Anecdotal evidence suggests business is indeed weak: Sales of diamonds and emeralds suffered, while jewellers reported foot traffic just 10% of usual
2 min read20 Dec 2016Sovereign gold bonds were trading at Rs3,400 per gram on the NSE on Friday, a 27% premium over the fixed price of Rs2,682 at the time when the bonds were first issued in November
3 min read19 Jul 2016In the national capital, gold of 99.9% and 99.5% purity advanced Rs120 each to Rs25,900 and Rs25,750 per 10 grams, respectively
1 min read20 Nov 2015Gold of 99.9 and 99.5% purity fell further by Rs170 each to Rs28,100 and Rs27,900 per ten gram, a level last seen in July last year
1 min read27 May 2014As many as 700 cases of gold smuggling have been reported across India during 2013-14
1 min read26 Jan 2014Gold of 99.9 and 99.5% purity advanced by Rs205 each to Rs31,525 and Rs31,325 per ten grams respectively
1 min read30 Nov 2013Gold has shed 6% for the month and has lost more than a quarter of its value so far this year
1 min read29 Nov 2013Spot gold was unchanged at $1,251.96 an ounce by 0339 GMT, it hit $1,256.49 in early trade, its highest since 20 November
2 min read26 Nov 2013The 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