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Exporters for extending interest subsidy scheme, inclusion of steel, pharma under RoDTEP

Exporters for extending interest subsidy scheme, inclusion of steel, pharma under RoDTEP
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United kingdomArvind goenkaSanjay leekhaKhushwant jainPiyush goyalColin shahPlastics export promotion council of india plexconcilCouncil for leather exportsUnion budgetBureau of indian standardsPromotion councilApparel export promotion councilFederation of indian export organisationsCredit guarantee corporationJewellery export promotion councilCommerce minister piyush goyal

Gold price today at Rs 50,810 per 10 gm, silver trending at Rs 68,800 a kg

Gold price on Thursday jumped to Rs 50,810 for 10 gm from Rs 50,520 and the silver price is trending at Rs 68,800 per kg, according to the Good Returns website. Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges. In New Delhi, the price of 22-carat gold is at Rs 46,590 per 10 gm, while in Chennai it fell to Rs 45,060. The rate in Mumbai was Rs 45,200 according to the website. The price of 24-carat gold in Chennai was Rs 49,160 per 10 gm. Gold imports, which have a bearing on the country s current account deficit (CAD), rose by 22.58 per cent to $34.6 billion (about Rs 2.54 trillion) during 2020-21 due to increased domestic demand, according to the Commerce Ministry data.

New delhiTamil naduEdward moyaAkshaya tritiyaColin shahCommerce ministryJewellery export promotion councilGood returnsChairman colin shahபுதியது டெல்ஹிதமிழ் நாடுஎட்வர்ட் மொயாகொலின் ஷாவர்த்தகம் அமைச்சகம்அணிகலன்கள் ஏற்றுமதி ப்ரமோஶந் சபைநல்ல வருமானம்

Gold imports jump 23% to $34 6 billion in 2020-21

Gold imports jump 23% to $34.6 billion in 2020-21 SECTIONS Last Updated: Apr 18, 2021, 01:02 PM IST Share Synopsis Despite growth in gold imports, the country s trade deficit narrowed to $98.56 billion during 2020-21 as against $161.3 billion in 2019-20. Agencies Related NEW DELHI: Gold imports, which have a bearing on the country s current account deficit (CAD), rose by 22.58 per cent to USD 34.6 billion (about Rs 2.54 lakh crore) during 2020-21 due to increased domestic demand, according to the Commerce Ministry data. Silver imports during the last fiscal, however, dipped by 71 per cent to about USD 791 million. Imports of the yellow metal stood at USD 28.23 billion (about Rs 2 lakh crore) in 2019-20, the data showed.

Akshaya tritiyaColin shahCommerce ministryDevelopment cessJewellery export promotion councilChairman colin shahAgriculture infrastructureBuy goldGold consumptionGold importsGold demandGold priceGold importGold investmentகொலின் ஷாவர்த்தகம் அமைச்சகம்

Gold imports rise by 22 58 per cent to $34 6 billion in 2020-21

Gold imports rise by 22 58 per cent to $34 6 billion in 2020-21
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Akshaya tritiyaColin shahCommerce ministryDevelopment cessJewellery export promotion councilChairman colin shahAgriculture infrastructureகொலின் ஷாவர்த்தகம் அமைச்சகம்வளர்ச்சி சிஇஎஸ்எஸ்அணிகலன்கள் ஏற்றுமதி ப்ரமோஶந் சபைதலைவர் கொலின் ஷா

Gold imports up by 22 58% to $34 6 billion in 2020-21, CAD takes a beating

Gold imports, which have a bearing on the country s current account deficit (CAD), rose by 22.58 per cent to USD 34.6 billion (about Rs 2.54 lakh crore) during 2020-21 due to increased domestic demand, according to the Commerce Ministry data. Silver imports during the last fiscal, however, dipped by 71 per cent to about USD 791 million. Imports of the yellow metal stood at USD 28.23 billion (about Rs 2 lakh crore) in 2019-20, the data showed. Despite growth in gold imports, the country s trade deficit narrowed to USD 98.56 billion during 2020-21 as against USD 161.3 billion in 2019-20. Gem and Jewellery Export Promotion Council (GJEPC) Chairman Colin Shah said that increasing domestic demand is pushing up imports of gold.

Akshaya tritiyaColin shahCommerce ministryDevelopment cessJewellery export promotion councilChairman colin shahAgriculture infrastructureGold tradeGold importsGold exportsOld marketகொலின் ஷாவர்த்தகம் அமைச்சகம்வளர்ச்சி சிஇஎஸ்எஸ்அணிகலன்கள் ஏற்றுமதி ப்ரமோஶந் சபைதலைவர் கொலின் ஷா