Further study needed on CBAM impact on trade, enterprises, consumers: Piyush Goyal

October 1 this year, when non-EU steel producers must report direct and indirect emissions. Domestic companies from seven carbon-intensive sectors including steel, cement, fertiliser, aluminium and hydrocarbon products would have to seek compliance certificates from the EU authorities to comply with the CBAM norms.

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Gold prices fall on profit-booking

Gold prices in Kolkata experienced a nearly 3% drop, falling to ₹88,401 per 10 gm, triggering a surge in demand from wedding shoppers and bullion