By tying gold imports directly to export volumes, India is effectively trying to cap how much bullion can be brought into the country, tightening supplies and driving up local prices.
Gold and silver imports declined 80.55 per cent to $1.05 billion in November after a slew of measures taken by the government to curb inbound shipments of the metal, aimed at narrowing the current account deficit.
Indian exporters are awaiting a formal announcement next week.
Indian companies place orders worth $600 million for US crude, which is likely to increase by nearly $2 billion in the near future.
In a strongly-worded advisory, the Ministry of External Affairs (MEA) in New Delhi referred to "threats" targeting Indian diplomats and sections of the Indian community that oppose the "anti-India agenda", and asked Indian nationals to avoid travelling to regions and potential venues in Canada which have seen such incidents.
'Not even a single rupee from the electoral bonds should be allowed to be used in the election.' 'If it is used in the election, it will taint India's electoral process itself.'
The government has prohibited imports of all kind of mobile handsets with fake or duplicate unique identity numbers, a move that will help security agencies in tracking callers using different SIM cards.
Donald Trump's executive order prohibiting the entry of people from seven Muslim-majority nations widened the rift between the Trump administration and several leading American companies.
Fixed-dose combinations are medicines that come mixed in a certain proportion.
Even as the Group of Seven (G7) price cap on Russian crude oil enters into force as of December 5, India has been assured it will continue to receive the existing deep discounts on Russian oil, for the time being, informed officials. "We have been assured by our Russian partners of uninterrupted crude supplies at the existing rates for the time being. "There were a lot of reports of changes in (India's) buying patterns after the global price cap took hold.
The French Council of the Muslim Faith hailed the ruling as a "victory for common sense".
SC had ruled liquor shops licenses along national & state highways won't be renewed after March 31
British lawmakers consider for debate any petition on the government's official petitions website that reaches 100,000 signatures.
India yet to make formal bid for hosting World Athletics Championships in 2027
'To the believers of crypto regulations, I have only one question to ask, how will you regulate it?'
Import alert on unit-6 facility might be lifted by FDA by Sept.
The RSS-inspired weekly Organiser has come out against granting legal validity to same sex marriage, an issue being heard by the Supreme Court, and argued that the Indic perspective should be central to any deliberation on marital topics.
Some US doctors are becoming concerned about the quality of generic drugs supplied by Indian manufacturers following a flurry of recalls and import bans by the Food and Drug Administration.
DMK working president M K Stalin led a protest in Chennai and sought promulgation of an ordinance to allow holding the sport.
Naomi Campbell has been banned from British Airways for spitting at a policeman in a row over a missing bag. A source said that the decision was important because no ban would have sent a wrong signal.
Showtime is watchable but never engrossing, notes Sukanya Verma.
Summary of sports events and persons who made news on Saturday.
News of all that transpired on and off the football field.
While the US health regulator did not specify details for issuing the alert, it said 'detention without physical examination may be appropriate when an FDA inspection has revealed that a firm is not operating in conformity with current good manufacturing practices'.
The Standing Committee on Culture of the Senate, the Upper House of Pakistan's Parliament, last week sent a report backing the lifting of the ban and containing a mechanism for importing Indian movies on a reciprocal basis.
Among the handful of countries with large defence budgets and armed forces, India is matched only by Saudi Arabia in the level of its import dependence. For revenge to be served cold, go beyond import bans and correct these long-term failures -- if we're up to it, notes T N Ninan.
Me: Cow slaughter? Do you know cows have not been slaughtered in Maharashtra? Vegetarian: What are you saying?!! Me: Yes, only bulls, bullocks and oxen were slaughtered, the cow has not been slaughtered in Maharashtra since 1976.
'My friend scored higher than me in the 12th exam, but he could not clear NEET because his parents could not pay the fees for private coaching.'
Those who continue to think that the 2024 election will see the BJP pursuing a more militant line are being alarmist, argues Rajeev Mantri. The BJP, Mantri believes, is not about to shoot itself in the foot. If anything, he says, the BJP may be more inclined to push a harder secularism.
A revealing excerpt from Rahul Shivshankar and Siddhartha Talya's book, Modi & India: 2024 and the Battle for Bharat.
The ban on onion export is temporary and will be reviewed every two weeks until its prices decline below Rs 15 per kg.
The Commerce and Industry Ministry is pitching for easing of the gold import restrictions to boost gems and jewellery exports
"It's working out very nicely. You see it in the airports, you see it all over. It's working out very nicely," Trump said.
Russia had imposed a complete ban on import of these commodities originating from India citing poor quality with affect from May 1, 2007.
The company faces regulatory hurdles in these countries
The courts are not forums to solve "theological questions", Supreme Court judge Justice Sudhanshu Dhulia said on Thursday in his verdict on the Karnataka hijab ban controversy.
The International Cricket Council said it had banned United Arab Emirates-based coach Irfan Ansari from all cricket for 10 years after he was found guilty of corruption.
The OCA has run into troubles after the International Olympic Committee (IOC) refused to recognise its elections last month, and asked India's Singh to carry on as its acting president.
The BS-IV emission norms will come into force from April 1, 2017.
Region takes about a third of all Indian fruit shipment and quarter of vegetables sold abroad; consignments from other states could face ban, too, if virus not contained
