Last Updated: Friday, June 19, 2015, 20:42
The government's proposed policy on sovereign gold bonds would provide investment choice to consumers and integrate gold further into regulated financial sector, the World Gold Council said on Friday.
Last Updated: Friday, June 19, 2015, 13:59
India is planning to issue sovereign bonds linked to the bullion price in an effort to divert some of the estimated 300 tonnes of annual demand for gold bars and coins, and reduce bullion imports that can push up the trade deficit.
Last Updated: Monday, January 27, 2014, 18:52
India's imports of gems and jewellery fell over 11 percent to Rs 15,735 crore in December.
Last Updated: Sunday, January 5, 2014, 16:49
A man has been arrested for allegedly trying to smuggle into the country 1.2 kg of gold bars at Indira Gandhi International airport here.
Last Updated: Saturday, November 23, 2013, 23:18
Days after 24 kg gold was recovered from an aeroplane in the Netaji Subhas Chandra Bose International Airport, customs officials made twin seizures, confiscating Rs 1.29 crore worth of the metal.
Last Updated: Saturday, November 9, 2013, 23:54
An Indian passenger returning from Dubai was on Saturday arrested at the Mumbai international airport for allegedly trying to smuggle in 2.55 kg of gold bars collectively valued at Rs 70 lakh, a Customs official said.
Last Updated: Tuesday, October 22, 2013, 13:07
Gold bars worth Rs 90 lakhs were seized and three passengers arrested at a city airport on Tuesday while they were allegedly trying to smuggle the precious metal.
Last Updated: Wednesday, April 3, 2013, 20:45
A Palestinian student was today arrested by Customs officials at the international airport in Mumbai for allegedly trying to smuggle in gold bars worth Rs 3.5 crore.
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