Imports

Assocham observed that gold imports declined due to a prolonged strike by jewellers and continuation of 10 per cent custom duty on imports.  - Sakshi Post

Gold Imports Decline by 59%; Smuggling On The Rise: Assocham

Oct 11, 2016
Gold prices to stay firm in the range of Rs 30,500-Rs 33,500 per 10 grams
The central government has extended the applicability of MIP beyond October 4, 2016, for further two months, i.e., till December 4, 2016, the Directorate General of Foreign Trade said in a latest notification. - Sakshi Post

Govt Extends MIP on Select Steel Items for 2 Months 

Oct 05, 2016
MIP on 66 steel products for 2 months
Around 80 tonnes of gold smuggled into India through unofficial channels in these four months in the wake of high import duty of 10 per cent, according to MMTC-PAMP. - Sakshi Post

Gold imports drop 76% in Apr-Jul; smuggling on rise 

Aug 12, 2016
High import duty, other taxes impact gold imports
Gold imports fell by about 48 per cent to $3.90 billion in the first quarter of 2016-17 from $7.51 billion in April-June 2015. - Sakshi Post

Gold import nearly halves to $3.90 bn in Apr-Jun; yellow metal at 2-week low 

Jul 18, 2016
Drop in precious metals
Arab and India Spices (AIS) has established the new unit in Ajman at an investment of $95.2 million.  - Sakshi Post

Indian-owned food production firm launches new unit in UAE 

Jul 01, 2016
Indian firm sets up unit in Ajman
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