Category
Jewellery Industry

Govt restricts silver imports; licence now required

Government moves silver imports to restricted list; import licence now mandatory for bars, unwrought silver and powders to curb forex outflow.  
National  Business 
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Govt Raises Gold, Silver Import Duty to 15% from 6%

India has increased import duty on gold and silver to 15% to curb imports and support the rupee amid forex pressure. Gold prices jump ₹9,000+, silver up ₹18,000 on MCX. Details on impact and industry reaction.
National  Business 
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