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RBI adds 8 tonnes of gold to forex reserves

The central regulatory bank of India, Reserve Bank of India, has added approximately 8 metric tonnes of gold to its forex reserves over the...

India sees 25% drop in gold imports in first quarter of...

India’s gold imports during the first quarter of the current financial year dropped by nearly 25 per cent, primarily on account of a global...

Axis Bank, South Indian Bank and Karur Vysya Bank dropped from...

The Reserve Bank of India removed three banks from its list of bullion importers in the country, with Axis Bank, Karur Vysya Bank, and...

Gold imports reported to have slumped for three consecutive months

For the third month in a row, gold imports by India are said to have dropped in November as compared to last year. This...

Sale of Third Tranche of Sovereign Gold Bonds Begins This Month

The Reserve Bank of India announced the sale of the third tranche of sovereign gold bonds this year through a circular issued to banks...

61 lakh assessees enrol under Goods and Services Tax Network, government...

61 lakh taxpayers have registered under the Goods and Services Tax Network as of April 30, with 23 lakh taxpayers yet to enrol. With...

Sixth tranche of Gold Bond Scheme nets government Rs.1,085 crore

The government’s ambitious Sovereign Gold Bond (SGB) Scheme received investments to the tune of Rs.1,085 crore in its sixth tranche, according to a report...

India’s gold imports down by 38%, demonetisation plays key role

Import of gold into India dropped significantly in December and January, with lack of demand playing a significant role in it. While imports stood...

Last Day for Investing in Sovereign Gold Bond’s Seventh Tranche

The seventh instalment of the Sovereign Gold Bond (SGB) scheme, which opened on February 27,  will close today. The week-long window allowed trading members...