Government on Friday hiked the import tariff value on gold and silver to $433 per 10 grams and $699 per kg, respectively, taking into account the volatility in the precious metals' global prices.
Tariff value is the base price on which the customs duty is determined to prevent under -invoicing.
The government on Monday slashed import tariff value on gold and silver to $408 per 10 grams and $617 per kg respectively, in view of weakness in bullion prices globally.
The government on Friday slashed the import tariff value on gold to $398 per ten grams while raising it marginally on silver to $643 per kg in line with global trends.
The import tariff value is the base price at which the customs duty is determined to prevent under-invoicing.
Of the 11,000 kg imported between July 1 and August 9, around 90 per cent was brought in by two business groups which took advantage of the favourable reduction in tax incidence under GST, routing their imports through Korea.
The import tariff value -- base price at which customs duty is determined to prevent under-invoicing -- is revised on a fortnightly basis.
In Singapore, gold prices have risen by 0.46 per cent to $ 1,294.20 from $ 1,288 per ounce in last one fortnight.
The government on Monday reduced the import tariff value of gold to $458 per 10 grams due to fall in its global prices.
Precious metals plummeted on the bullion markets across the board on weakening international trend, as gold lost between Rs 300 and Rs 220 per ten gram and silver by Rs 1015 and Rs 450 per kilo.
Apart from Mirabai, the four other Indian lifters were placed in groups C and D, failing to finish even in the top 20 at the Worlds, earlier this month.
The government on Monday reduced import tariff value on gold to $388 per 10 grams and on silver to $540 per kg, following global price trends.
The government on Wednesday hiked the import tariff value on gold and silver to $431 per 10 grams and $646 per kg, respectively, taking firm global cues.
After scaling record high peaks, both the precious metals -- silver and gold witnessed a free fall across the board in opening session today on brisk selling by stockists triggered by weak overseas trend.
Brij Bhushan Sharan Singh and his son Karan are not part of the electoral college for the upcoming Wrestling Federation of India (WFI) elections.
The government on Friday slashed import tariff value of gold to $507 per 10 grams and of silver to $871 a kg following fall in global prices of the precious metals.
In the wake of rising global prices of precious metals, the government on Thursday hiked import tariff value of gold to $531 per 10 grams, while the value was kept unchanged at $899 per kg for silver imports.
Investor confidence in unlisted shares was shaken after recent developments that saw online drugstore PharmEasy issuing new shares in a rights issue at a 90 per cent discount to its previous valuations and Reliance Retail's move to buy back and cancel shares held by public investors. Both stocks were, at one time, very popular in the unlisted market, with canny investors cornering them with the objective of benefiting from their listing. "Since investors have suffered losses on both counts, they will be careful when it comes to dealing in shares of unlisted companies," observes a broker dealing in unlisted shares, adding that there will be some rationality to the pricing.
When Jaipur's Maharaja Madho Singh was invited to attend King Edward VII's coronation in 1902, he chartered a ship for Rs 15 lakh for the journey. He also carried 27,000 litres of Ganga jal on board. Prakash Bhandari recalls the maharaja's voyage to attend a British monarch's coronation on a day when Charles III will be crowned king at Westminster Abbey.
The government on Wednesday raised the import tariff value of gold at $430 per ten grams and that of silver to $639 per kg as prices of the precious metals have risen in the global market.
A look at who own the most amount of gold in the world.
Commonwealth Games bronze medallist gymnast Dipa Karmakar excelled with a total of five gold medals for Tripura but the Services Sports Control Board (SSCB) continued their domination in the overall standings on day six of competitions in the 35th National Games in Thiruvananthapuram on Friday.
The flight, carrying 216 passengers and 16 crew, landed safely, the Tata Group-owned private carrier said in a statement Tuesday evening.
The government on Tuesday cut the import tariff value on gold and silver to $396 per 10 gram and $575 per kg, taking into account weak global trends.
Javelin thrower Devendra Jhajharia became the first Indian to clinch two gold medals at the Paralympics after he broke his own world record to clinch the top honours at the Rio Games in Rio de Janeiro.
Britain's leading Asian businessman was appointed to the Board along with British rowing Olympians Steve Redgrave and Matt Pinsent.
Banks have collected about 1,500 kg of gold from temples and trusts under the Gold Monetisation Scheme (GMS) since its launch last November.
The government on Friday slashed the import tariff value of gold to $535 per 10 gram and reduced the rate for silver marginally to $1,003 per kg due to weakening global prices of precious metals.
Former Commonwealth and Asian Games medallist Deepika Kumari steered Jhakhand to two team gold medals in the recurve archery events but stunningly missed out on an individual podium finish even as the Services Sports Control Board (SSCB) continued to stay on course for a hat-trick of overall titles on the eighth day of competitions in the 35th National Games in Thiruvananthapuram on Monday.
The government on Friday slashed the import tariff value on gold and silver to $405 per ten gram and $642 per kg, respectively, in line with global trends.
The IOC is set to formally strip American cyclist Tyler Hamilton of his gold from the 2004 Athens Games and reassign the medals after his admission of doping, according to an Olympic official familiar with the case.
Regulator probing jewellery houses for violation of collective investment scheme rules, says Shrimi Choudhary.
The trust has around 35 kg of gold and will deposit the gold which is not in day-to-day use of the temple.
The tariff value, which is released every fortnight, is the base price on which the customs duty is determined to prevent under-invoicing.
Tariff value is the base price on which the customs duty is determined to prevent under -- invoicing.
International Monetary Fund has completed the sale of 403.3 tonnes of gold, as part of its two-year efforts to bolster the lender's finances that also saw India's central bank purchasing 200 tonnes of the precious metal last year.
Max Whitlock ending the long wait for a champion by claiming victory in the floor exercise and pommel horse finals.
Cricket and the Olympics made for strange bedfellows when the sport featured in its roster for the first and only time in the 1900 edition of the games in Paris.
However, the tariff value for silver has been lowered to $920 per kg, according to a notification released by the Central Board of Excise and Customs on Tuesday.