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Gold prices coming down 23 May 2014
With RBI lifting the restrictions on Gold imports, the price of precious metal is coming down slowly. Currently 10 grams of 22 carat gold is priced at Rs 26,600 while 24 carat is at 28,500.
Keywords: RBI, RBI, Gold prices, Gold Imports in India
Read MoreRelaxation On Curbs on Gold Imports 24 December 2013
Due to the restrictions on the gold imports smuggling of gold in to India is rampant. To address the problem the Government seems to be considering the relaxation of the curbs on gold imports. In order to control the Current...
Keywords: India's Gold Imports, Yellow Metal, Gold Business, Gold Imports
Read MoreIndia objectionably to ban gold imports! 20 June 2013
A senior finance ministry official said on Thursday that India would be objectionably to ban gold imports or strengthen import taxes on the metal further since because that may show the way towards more gold smuggling. The official added that...
Keywords: india objectionably to ban gold imports, us federal reserve, finance ministry, ban on gold imports otherwise strengthen import taxes
Read MoreThe Second Costliest Imports of India is Reigned 14 November 2013
After oil imports, Gold imports are the highest to drain out Indian currency. Because of the diminishing value of Indian Rupee in the international exchange value, the Government of India took stern steps to curb gold imports by levying more...
Keywords: Second Costliest Imports of India is Gold, import duty on gold, Gold Demands in India, Gold Buyings
Read MoreNew Customs norms from Jan 1 31 December 2013
As the illegal Gold imports have raised to a huge margin in the year 2013, the Custom Authorities have tightened the regulations now and here after all passengers coming to India will now have to fill in a new detailed...
Keywords: Indian customs services, Customs, Business News, Customs
Read MoreGovt cuts Gold & Silver import tariff values 03 February 2014
The government has slashed the import tariff values of Gold and silver today. Till yesterday, the tariff value on imported gold was at $407 per ten grams now the value is $404 while silver is $663 per kg now it...
Keywords: government cuts import tariffs on gold and silver, India Government, India Business News, government cuts import tariffs on gold and silver
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