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Govt reviews Nov. gold import data, error suspected
India re-examining record Nov gold imports, sources say
The Indian government is re-examining a surge in gold imports that widened the country's trade deficit to a record in November and pushed the rupee to an all-time low, two government sources aware of the matter told Reuters.
India’s Record Gold Import Said to Be Due to Calculation Error
A surge in gold imports that widened India’s trade deficit to a record last month and pushed the rupee to an all-time low was due to an error in calculation, according to people with knowledge of the matter.
Govt reviews November gold import data, error suspected
The commerce department and Central Board of Indirect Taxes and Customs are reviewing the gold import numbers for Nov, amid concerns that some error may have crept in to push up the overall figure.Latest data released by the commerce department earlier this week pegged gold imports at $14.
2h
WGC expects India’s gold consumption holding steady at 700-750 tonne in 2024
World Gold Council expects India's gold consumption to remain steady despite price surge, aiming for 700-750 tonnes.
FXStreet
14h
India Gold price today: Gold rises, according to FXStreet data
Gold
prices rose in
India
on Thursday, according to data compiled by FXStreet. The price for
Gold
stood at 7,131.22 ...
3d
India’s Trade Deficit Widens to Record as Gold Demand Soars
India’s trade deficit expanded to a record high in November, as the nation’s import bill ballooned, particularly due to a ...
2h
Industry wants govt to scrutinise gold data to see if there is any discrepancy
Industry questions government on record gold imports in November 2024, suspecting data errors, while demand rises due to ...
2d
on MSN
Gold prices in India are at par with global levels: Sachin Jain, World Gold Council
Geopolitical instability also influenced gold prices. Given the ongoing uncertainties globally, it is unlikely this trend ...
newsbytesapp.com
3d
Investing in Sovereign Gold Bonds in India
Sovereign Gold Bonds (SGBs) represent government securities denominated in grams of gold, providing a secure investment ...
1h
Lexar launches CFexpress 4.0 Type-A card gold series in India: All the details
Lexar has introduced its CFexpress 4.0 Type A card gold series in India. The new card is aimed at professional photographers and videographers, the card is designed to enhance workflows, enabling ...
1d
on MSN
India's record Nov gold imports due to calculation error, Bloomberg News says
A surge in gold imports that widened India's trade deficit to a record in November and pushed the rupee to an all-time low ...
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