The import tariff value is the base price at which the customs duty is determined to prevent under-invoicing.
For last fortnight, the tariff value of gold was fixed at $382 per 10 grams and silver at $516 per kg.
Chidambaram on Monday sought to soothe nerves about its external finances by promising to contain the current account deficit at 3.8 percent of gross domestic product this fiscal year with a slew of measures including easing rules for raising loans abroad.
Investors will keenly watch US Fed meet starting Tuesday
BRICS PCG recommends a "Buy" on Infosys Technologies at Rs 2183
Legislation with respect to outsourcing were introduced in nearly all the 50 US states as well as in the Congress and there is little to indicate that this legislative trend is going to stop, a new study has indicated.
'The most important thing is that the psychological signal it is giving to the markets and international markets,' says former finance secretary Arvind Mayaram.
Foreign brokerage Bank of America Merrill Lynch (BofAML) on Friday said a "dovish" Reserve Bank will slash key interest rates by 0.25 per cent at the February review meet and will do cuts of 0.75 per cent in 2015.
Finance Minister must be hoping that Indians get over gold-addiction.
FPIs, which are holding large exposures in Indian debt, could also be expected to book some capital gains as yields slide down
Traders said falling crude prices in the global market was a big boost for the economy as it lightens the country's import bill burden, eases inflation and current account deficit concerns.
Foreign institutional investments in equities soared by 43 per cent to over $9.43 billion this year pushing the Sensex to intra-day record high of 6,409 on Wednesday.
Chanting "hands up, don't shoot" and "no justice, no peace", the crowd, estimated to be over 60,000, along with 16 members of Floyd's family, some of whom flew down to Houston, marched about a mile from Discovery Green Park to City Hall under the scorching sun.
Real reason for crashing gold prices is not Trump victory, says expert.
With the stock markets scaling new heights, Finance Minister P Chidambaram on Friday sounded a note of caution and asked investors to guard against excessive exuberance.
Industry estimates suggest that the extent of value addition in the handset space remains at a mere 10 per cent. That effectively means, value-wise 90 per cent of all components used in making a handset continues to be imported.
"According to the global financial services major, though CAD at 3.2 per cent of GDP is significantly lower than the 4.8 per cent it registered in fiscal year 2012-13 ", it still remains higher than the 2.4 per cent of GDP that we estimate as the optimal current account deficit".
US sanctions against Iran kick in from November 4, which will block payment routes. Sources said India and Iran are discussing reverting to rupee trade after November 4.
Zuckerberg and Priscilla will spend $3 billion to 'cure all diseases'
Of the, four are co-founders of Infosys.
At least 35 people, including 25women, were killed and 48 others injured in a stampede during New Year revelry at Shanghai's iconic waterfront area, one of the worst tragedies to hit China in recent years.
It's difficult to understand if GDP growth has actually improved.
The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.
Impressive says Adriana Lima who wore the Fantasy Bra for the latest Victoria's Secret Show.
Lockheed, which has a longstanding relationship of 25 years with India, unveiled the F-21 during the Aero India show in Bengaluru in February, saying it will address the Indian Air Force's unique requirements.
'Life will not improve overnight; it will happen in a gradual manner.'
The duo are pairing up since their respective partners Max Mirnyi and David Rikl have opted out of the Long Island event.
Asia's falling stocks have triggered an exodus of funds from the region.
The BJP government is no better than the Congress -- as wretched and anti-people. In addition, it is explicitly and aggressively communal, says Venkatesh B Athreya, in a hard-hitting interview to Shobha Warrier/Rediff.com.
Prime Minister Modi made a strategic blunder of Nehruvian proportions -- presuming no war can happen now, and the Chinese won't be a military threat and risk their economic interests, observes Shekhar Gupta.
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The rupee tumbled past 63.00 to the dollar, down about 2 per cent on the day and breaching the previous low of 62.03 hit on Friday despite a spate of measures in recent weeks by the central bank and government to defend it.
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India's share of 2015 emerging market allocations will be driven by FII perceptions on likely growth and reform.
Nomura has forecast the rupee at 61.6 against the dollar in Q1 and at 62 by Q4 of 2015.
The Left parties attacked the government's policies and said the country was heading towards an economic emergency.
The Sensex and the Nifty witnessed biggest one day loss in percentage terms since June 24
Asian markets were trading mixed with shares in China witnessing profit taking after sharp gains in the previous session.
On Wednesday, opposition leaders boycotted Modi's latest attempt to build consensus around the issue.
