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Gold prices soar in Kolkata's Zaveri Bazaar, impacting sales. Jewellers hopeful for a recovery during Akshay Tritiya. Mumbai sees 70% demand slump, while investment in bars rises. Analysts predict further price hikes due to global factors.
"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.
India News: Bharat Jodo Abhiyan led by Congress is concentrating on 100 constituencies for the upcoming polls. Congress has instructed state units to appoint a po
The RBI on Friday announced a price of Rs 6,079 per unit for the premature redemption of sovereign gold bonds issued by the government.
TALLINN – An 18-year-old girl and a cat died in a house fire in the southwestern Estonian town of Kilingi-Nomme early on Monday morning.