This scheme managed to collect 3 tonnes of gold against the targeted 20,000 tonnes lying idle without traded or monetised.
Mar 19, 2016
These schemes were launched to discourage citizens from hoarding physical gold.
Mar 18, 2016
In the second tranche, it had received 3.16 lakh applications for 2,790 kg of gold valued at about Rs 726 crore.
Mar 5, 2016
An excise duty of 1 percent on gold transactions worth Rs. 6 crore per year brings small manufacturers to book.
Mar 3, 2016
However, the government proposed a slew of exemptions for investment under the gold schemes announced last year.
Feb 29, 2016
Jewellers and retail consumers are waiting for a correction in gold prices amid hopes of a cut in import duty in the upcoming budget.
Feb 23, 2016
When foreigners were buying Indian equities over the last ten years, Indians were busy buying gold, Akhilesh Tilotia of Kotak Equities said.
Feb 20, 2016
The yellow metal managed to stay above $1,200 an ounce on Friday despite shedding previous day's gains.
Feb 19, 2016
A rally in global equities and crude oil prices has reduced the demand for the yellow metal among safe-haven seeking investors.
Feb 16, 2016
Gold prices have gone up sharply during this week amid a tailwind generated by stock markets and a depreciation in rupee.
Feb 12, 2016
The metal has appreciated sharply from its Jan.1 price of Rs 25,510 per 10 gm.
Feb 11, 2016
The import tariff value is now $388 per 10 gm on gold and $487 per kg on silver.
Feb 10, 2016
The yellow metal's prices have risen by Rs 825 in the past eight trading sessions.
Feb 9, 2016
Jewellery makers and traders claim loss of business as a majority of population don't have PAN cards.
Feb 8, 2016
Gold prices have gained more than 10 percent since the beginning of the year.
Feb 6, 2016