Under the India-UAE free-trade pact, a concessional tariff is applicable on the first 120 tonnes of gold imports in the first year, referred to as the tariff rate quota (TRQ).
In FY23, India imported only about 52.81 tonnes of gold from Abu Dhabi, one of the seven emirates that constitute the UAE, the data showed. That is 47% lower than 99.86 tonnes imported during the previous year. It is also the lowest annual gold import from the UAE since FY03, when it was 18 tonnes.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
AAP, BJP quarrel after security scare at Kejriwal's foot march
A man hurled an unidentified liquid on Aam Aadmi Party (AAP) chief Arvind Kejriwal during a foot march in Savitri Nagar, south Delhi, sparking a security scare that also triggered a high-voltage political showdown between the AAP and the Bharatiya Janata Party (BJP) weeks before the critical assembly elections in the Capital.
AAP MLA held for 'extortion'
The Delhi Police on Saturday evening arrested Aam Aadmi Party (AAP) legislator Naresh Balyan in connection with an extortion case.
Probe ordered as man dies in police custody
A 27-year-old man, who was taken into police custody after he allegedly stabbed and injured three members of his family in west Delhi, purportedly tried to flee captivity but fell off the wall of the Mayapuri police station and died two days later on November 28 officers aware of the case said on Saturday—an alleged case of custodial death.
LG junks IP Univ plea for fee hike
Lieutenant governor (LG) VK Saxena has rejected a proposal by Guru Gobind Singh Indraprastha University (GGSIPU) to impose affiliation fees on government institutes affiliated to it, officials from the LG secretariat said on Saturday, adding that the decision was made to protect the interest of students since affiliation fee would ultimately be added to the total fee paid by them.
Min below 10°C for 2nd day; AQI still 'very poor'
Cold, northwesterly winds on Saturday kept Delhi's minimum temperature below 10 degrees Celsius (°C) for a second day in a row, but the India Meteorological Department (IMD) has predicted that the mercury may rise over the next few days, as a western disturbance affects northwest India.
K'TAKA CM ORDERS INQUIRY INTO MATERNAL DEATHS IN BALLARI DISTT
Following the recent maternal deaths allegedly linked to substandard Ringer Lactate solution-in Ballari district, Karnataka chief minister Siddaramaiah on Saturday ordered an inquiry into such incidents at various hospitals of the state.
'Claims of increase in votes in last hour are fake'
{INTERVIEW} SCHOCKALINGAM, MAHA CHIEF ELECTORAL OFFICER
Rahul, Priyanka attack Modi over Wayanad landslides aid
Congress lawmaker Rahul Gandhi on Saturday accompanied his sister and party MP Priyanka Gandhi Vadra to Kerala after her maiden electoral victory in the Lok Sabha bypoll, and accused Prime Minister Narendra Modi of discriminating against landslides victims in Wayanad district by not providing them the due support.
Row after SP leaders denied Sambhal entry
The Samajwadi Party targeted the Uttar Pradesh government on Saturday after several of its leaders, including leader of the Opposition in assembly Mata Prasad Pandey, were stopped from entering Sambhal district, where four people were killed in violence during protests against a court-ordered survey of a Mughal-era mosque on November 24.
Shimla court dismisses plea against razing of mosque's illegal floors
A local court in Shimla on Saturday dismissed an application challenging the municipal corporation commissioner's order to demolish the illegal structures of the Sanjauli mosque.
