Gold prices surge on Akshaya Tritiya deccanchronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deccanchronicle.com Daily Mail and Mail on Sunday newspapers.
Akshaya Tritiya: Jewellery retailers rejoice marginal dip in gold prices, expect double-digit growth, ET Retail indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
The biggest fall has been witnessed on Wednesday, when prices have fallen by 1 per cent as the international prices of the yellow metal has fallen below $2000 per ounce due to stronger than expected US inflation report that reduced the prospects of an early interest rate cut by the Federal Reserve. The price fall continued on Thursday and Friday too with prices falling further to Rs 61,300 per 10 gm on MCX.
"The jewellery industry contributes nearly 7 per cent of India's GDP and hence, deserves a pro-business environment," apex body for the gems and jewellery industry All India Gem And Jewellery Domestic Council Chairman Saiyam Mehra told PTI. "This will also benefit the government. We urge the finance ministry to withdraw the increase in BCD on gold in the upcoming Union Budget and a rationalised tax structure may be developed to tackle the CAD issue," Mehra said.
Get latest articles and stories on Latest News at LatestLY. The gems and jewellery industry has urged withdrawal of hike in Basic Customs Duty (BCD) on import of gold in the coming interim Budget and asked the government to introduce a rationalised tax structure. Latest News | Gems, Jewellery Industry Urges Govt for Duty Reduction, Increase PAN Card Transaction Limit.
Gems, jewellery industry urges govt for duty reduction, increase PAN card transaction limit moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
Rasha Thadani becomes brand face of Silvostyle by PNG Jewellers : Bollywood News bollywoodhungama.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bollywoodhungama.com Daily Mail and Mail on Sunday newspapers.
India Business News: Young urban grooms in India are increasingly choosing platinum jewellery over gold, providing relief to the bride's family amidst rising gold prices.