Any revision in gold import duty is unlikely to take place before the Budget, says finance ministry official.
Prime Minister Narendra Modi launched a scheme to tap a pool of over 20,000 tonnes of gold held by households and temples.
Metallic mania, sexy sheer, volume sleeves and more...
Gold demand in rural India is expected to be lower this year with weak monsoon affecting household savings, according to the World Gold Council (WGC).
While the surcharge on super-rich would help garner additional income of around Rs 12,000 crore this fiscal on the direct tax side.
Union Budget 2014-15 is positive for metals and mining companies.
Others taxed at 5, 12, 18, 28%
Undisclosed overseas assets such as immovable property, jewellery, shares and art works will be valued at fair market price for the purpose of tax and penalty under the new black money law.
Fashion and style were celebrated at the 2022 Met Gala with celebs walking the red carpet in their fanciest looks.
A CBTR pertains to transfer of funds through various channels abroad.
Gold import this financial year is estimated at 945 tonnes.
The LIGO announcement -- which confirmed, among other things, that gold, platinum and other heavy metals were products of neutron star collisions -- came just before Subrahmanyan Chandrasekhar's 107th birthday.
The RBI has shelved its plan for polymer notes more than a decade after it invited interest from global manufacturers for one billion pieces of Rs 10 denomination polymer banknotes, reveals Tamal Bandyopadhyay.
At a time when the whole world is going ga-ga over stocks and debt is too easy to borrow, do not forget gold, says Anil Rego.
Levy in India one of the highest in the world; finance minister urges banks to tell customers not to invest in the metal.
Global buyers are putting pressure on exporters to offer discounts between 10 per cent and 15 per cent.
Imports in 2016 expected to be lowest in 7 years but experts don't rule out a revival in demand if the yellow metal's price falls
The richest Hindu temple in the world could soon come to the rescue of Prime Minister Narendra Modi's plan to recycle tonnes of idle gold and cut economy-hurting imports.
Did you know that your home insurance covers valuables in bank locker?
Gold loans can be released online or by bank transfers.
A weekly roundup of the best and worst styles from the celebrity circuit.
Silver is emerging as a stronger bet for the long-term.
'Irrespective of the price movement of gold, customers can lock in their purchase at Rs 28,000 per 10 grams of pure gold.'
Meet the best dressed celebs this week.
In 2013, the fall in international gold prices was 28 per cent.
According to sources, a few hundred have been issued to Indian businessmen, celebrities and brand experts.
If hallmarking data are anything to go by, the proportion of spurious jewellery in the country might have shrunk significantly in the past five years.
The sector employs around 1 million skilled and unskilled workers directly and indirectly and decline in exports is a major worry for participants in the value chain.
Investors must be cautious and follow a prudent diversification strategy to mitigate against any risks in case of any unforeseen events.
Investors, including large corporations, view them as a potential hedge against uncertainty, and mainstream investment banks too are jumping into the game.
Elections will also be held in 35 assembly constituencies in Odisha.
Most consumers are going for token buying of lesser value and are waiting for price correction for purchase of wedding jewellery.
Huge gold imports have put pressure on the country's CAD, which in turn is affecting the value of rupee.
Huge gold imports have put pressure on the country's Current Account Deficit, which in turn is affecting the value of rupee.
Veterans recall they haven't seen gold falling for 3 years in a row.
It is true that the rupee is at least becoming less strong, albeit slowly.
The auditors have discovered lack of confirmation of balances from 14 overseas buyers as claimed by Winsome Diamonds.
Gold is often considered a 'hedge' against an economic uncertainty.
The jewellery industry has welcomed the government's decision to ban old Rs 500 and Rs 1,000 notes, saying gold demand will rise as people will have more faith in the precious metal than the currency notes. But the unorganised builders and secondary (resale) property market would be adversely impacted.
'Azim Premji has given away about one-and-a-half lakh crore rupees of his wealth.' 'Most of us will not even know what that sum actually means.' 'To put it into context, it can fund India's health budget and education budget,' points out Aakar Patel.
