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The Gold (Control) Act, 1968 is a repealed Act of the Parliament of India which was enacted to control sale and holding of gold in personal possession. High demand for gold in India with negligible indigenous production results in gold imports, leading to drastic devaluation of the Indian rupee and depletion of foreign exchange reserves to alarming levels.
India raised the import duties on gold and other precious metals on Friday in a surprise move that industry officials say could dampen retail demand and boost smuggling in the world's second ...
This is a list of people who died in the last 5 days with an article at the English Wikipedia. For people without an English Wikipedia page see: Wikipedia:Database reports/Recent deaths (red links). Generally updated at least daily, last time: 10:59, 14 February 2025 (UTC).
Gold smuggling was rampant in India until liberalisation, which repealed The Gold (Control) Act, 1968 that prohibited the import of gold except for jewellery. [4] In the 2011–12 period India's current account deficit burgeoned to 4.2% of its GDP. [5] This was due to high prices of oil and gold, which the country imports in huge volumes. [6]
This is a list of lists of deaths of notable people, organized by year. New deaths articles are added to their respective month (e.g., Deaths in February 2025 ) and then linked below. 2025
Gold futures hovered at a one-week high to trade near $2,630 per ounce on Tuesday as traders assessed the threat of a nuclear escalation in the Russia-Ukraine war.The precious metal extended its ...
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Eagle Gold Mine Canada: Victoria Gold Corp Canada: On June 24, 2024, 300,000 cubic metres of cyanide-contaminated water leaked from a heap leach failure in Victoria Gold Corp's Eagle Gold Mine site near Mayo, Yukon. The failure resulted in the company being forced into court ordered receivership and its stock being delisted from the TSX. [15]