Edition:
United States

Rajendra Jadhav

India dealers charge premiums as imports, smuggling stall

Jul 10 2020

MUMBAI/BENGALURU Physical gold sold at a premium in India this week for the first time this year, driven by plunging imports and a near halt in smuggling that offset the impact of high unemployment and a rise in domestic prices across Asia that could deter buyers.

Asia Gold-India dealers charge premiums as imports, smuggling stall

Jul 10 2020

MUMBAI/BENGALURU, July 10 Physical gold sold at a premium in India this week for the first time this year, driven by plunging imports and a near halt in smuggling that offset the impact of high unemployment and a rise in domestic prices across Asia that could deter buyers.

India sees more local coronavirus lockdowns as cases near 800,000

Jul 10 2020

MUMBAI India reported a record 26,506 new coronavirus cases on Friday as authorities re-imposed lockdowns in its most populous state and in an industrial hub, home to automakers, drug factories and brewers.

India sees more local coronavirus lockdowns as cases near 800,000

Jul 10 2020

MUMBAI, July 10 India reported a record 26,506 new coronavirus cases on Friday as authorities re-imposed lockdowns in its most populous state and in an industrial hub, home to automakers, drug factories and brewers.

Indian travel curbs thwart gold smugglers, boost legal market

Jul 08 2020

MUMBAI Gold smuggling in India has declined as a lack of international flights thwarts grey market operators and serves to boost the premium legal importers can charge, industry officials said on Wednesday.

Indian households shun downmarket palm oil, cutting demand in lockdown

Jul 07 2020

MUMBAI/KUALA LUMPUR Palm oil demand in India, the world's top edible oil importer, is set to plunge this year as coronavirus lockdowns slash food service sector demand and households opt for alternatives at the supermarket.

Indian households shun downmarket palm oil, cutting demand in lockdown

Jul 07 2020

MUMBAI/KUALA LUMPUR, July 7 Palm oil demand in India, the world's top edible oil importer, is set to plunge this year as coronavirus lockdowns slash food service sector demand and households opt for alternatives at the supermarket.

Bajaj Auto unions demand factory halt after 250 workers catch coronavirus

Jul 04 2020

NEW DELHI/MUMBAI Workers at Bajaj Auto, India's biggest exporter of motorbikes, are demanding the temporary closure of one of its plants after 250 employees there tested positive for coronavirus, its unions said on Saturday, as companies struggle to ramp up operations.

Physical gold demand in China, India continues to wane as virus weighs

Jul 03 2020

BENGALURU/MUMBAI Physical gold demand in top consumers China and India continued to struggle due to the COVID-19 pandemic this week, while investment activity ticked up in Singapore and Japan.

Asia Gold-Physical demand in China, India continues to wane as virus weighs

Jul 03 2020

* Some consumers start selling gold to cash in on high prices

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