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RBI's gold holdings now exceed India's annual demand for the precious metals

RBI's gold reserves surpass demand, driving up imports despite high prices, reflecting growing consumer interest in India.

Centre exempts gold import by RBI from customs duty, agri cess

The Centre exempted gold imported by the Reserve Bank of India from import duty and Agriculture Infrastructure Development Cess. India, the second-biggest consumer of gold, depends on imports. Cumulative gold imports reached $37.85 billion from April-January in FY24, with imports in January alone standing at $1.9 billion.

Gold and silver prices today: Yellow metal finds stability after recent plunge; dollar and US yields rally pauses

The CME Fedwatch tool shows traders are pricing in an 83% chance of the Fed keeping rates steady in March

CBIC Should Simplify Language Of Notifications GTRI - BW Businessworld

The Global Trade Research Initiative (GTRI) has advised that the Central Board of Indirect Taxes and Customs (CBIC) must use the services of communication experts for help in drafting easy-to-understand notifications, , global trade research initiative (GTRI), Central Board of Indirect Taxes and Customs (CBIC)

CBIC notifications use complex language; need simplification to help industry: GTRI

The Global Trade Research Initiative (GTRI) said for this the CBIC (Central Board of Indirect Taxes and Customs) must use services of communication experts for help in drafting easy to understand notifications containing necessary details.

Govt raises import duty on gold, silver findings to 15 pc

Centre raises import duty on gold, silver findings by 15%. Here's why

“Gold or silver findings” means a small component like hook, clasp, clamp, pin, catch, screw back used to hold the whole or a part of a piece of jewellery.

Stock Market Live Updates: Sensex and Nifty turn volatile despite positive start; analysts warn of increased selling

Import duty on gold, silver findings and precious metal coins increased to 15%

Import duty on gold, silver findings and precious metals increased to 15%

Finance Ministry raises import duties on gold and silver, targets tax advantage