
The Indian Commerce Ministry's Directorate General of Foreign Trade (DGFT) has issued a notification authorising 15 banks, including SBI, HDFC, ICICI, Axis, and Yes Bank, to import both gold and silver from April 1, 2026, to March 31, 2029. Additionally, Union Bank of India and SBER Bank are permitted to import only gold. This update follows delays that caused bullion consignments to be stuck at customs, impacting jewellery companies and market stability. The authorisation aims to streamline imports ahead of the Akshaya Tritiya festival, a key period for gold purchases in India.
The article group presents a largely neutral government and industry perspective, focusing on official notifications and market impacts. Sources emphasize procedural updates and economic implications without partisan framing. There is no evident political controversy or opposition viewpoint, with coverage centered on regulatory and commercial aspects of bullion imports.
The overall tone across the articles is neutral to mildly positive, highlighting the resolution of import delays and expected market stabilization. While some reports note previous disruptions and their negative effects on jewellery stocks, the emphasis is on the government's action to restore normalcy and support the bullion trade ahead of a major festival.
Each source's own headline, political lean, and sentiment — so you can see framing differences at a glance.
economictimes broke this story on 17 Apr, 08:39 am. Other outlets followed.
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