Gold Imports Current Affairs, GK & News
On January 14, 2020, the GoI announced that Indian jewellers shall be allowed to sell hallmarked gold artifacts that are made of 14, 18 and 22 carat gold alone. Also, it is mandatory for all jewellers to get compulsory hallmark. Currently gold hallmarking is voluntary. The mandatory ruling is to be implemented from January 15, ..
Category: India Nation & States Current Affairs
According to the weekly data released by the Reserve Bank of India, the foreign exchange reserve touched a new high of 451.08 billion USD. The foreign exchange currency assets include the depreciation or appreciation of the non-US currency like pound, Euro and Yen as well. Highlights The increase is mainly due to the rise in ..
Category: Economy & Banking Current Affairs
The Directorate General of Foreign Trade (DGFT) in the Union Commerce Ministry has banned duty free imports of gold, silver items from South Korea. These restrictions were imposed against the backdrop of sudden surge in imports of precious metals from South Korea, with which India has a free trade agreement (FTA) since January 2010. Now, ..