Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
PGI Expects 50% Growth Rate in India: Pallavi Sharma
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion
Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the
Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion
Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the
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Need for More Research on Gold in India
Ahmedabad: Gold in India continues to be a work in process from the perspective of a comprehensive economic policy. As a commodity, it is among the severely under-researched items given its importance in the economy as well as the society of our country. It employs more than 5 million people and has annual import bill of more than 200,000 crores
West Bengal Assures to Support G&J Sector
Kolkata: A GJF Delegation Led by Chairman Mr. Nitin khandelwal along with Mr. Shaankar Sen, Mr. Avinash Gupta, Mr. Ashok Bengani and Mr. Suvankar Sen met the Finance Minister (FM) of west Bengal Mr. Amit Mitra recently at the Bengal Global Business Summit in Kolkata. Over the round table discussion with the FM, on the side lines of the business
Angadias Suspend Diamond Operations
Mumbai: India’s export of polished diamonds has lost its sparkle ever since angadias, or couriers, suspended their operations following raids by the authorities earlier this month over suspected tax evasion, says an Economic Times report. The angadias, who have been ferrying rough diamonds from Mumbai to Surat and polished diamonds from Surat to Mumbai, have decided not to resume work
Gold Demand to Get Boost in 2018: WGC
Mumbai: Gold demand will get a fillip from government policies targeted at transparency and economic growth, according to the World Gold Council (WGC). “In India, the second largest gold market in the world, we believe that after their initial implementation shock, policies such as the demonetisation initiative and the new Goods and Service Tax (GST) will start to have a
Need for More Research on Gold in India
Ahmedabad: Gold in India continues to be a work in process from the perspective of a comprehensive economic policy. As a commodity, it is among the severely under-researched items given its importance in the economy as well as the society of our country. It employs more than 5 million people and has annual import bill of more than 200,000 crores
West Bengal Assures to Support G&J Sector
Kolkata: A GJF Delegation Led by Chairman Mr. Nitin khandelwal along with Mr. Shaankar Sen, Mr. Avinash Gupta, Mr. Ashok Bengani and Mr. Suvankar Sen met the Finance Minister (FM) of west Bengal Mr. Amit Mitra recently at the Bengal Global Business Summit in Kolkata. Over the round table discussion with the FM, on the side lines of the business
Angadias Suspend Diamond Operations
Mumbai: India’s export of polished diamonds has lost its sparkle ever since angadias, or couriers, suspended their operations following raids by the authorities earlier this month over suspected tax evasion, says an Economic Times report. The angadias, who have been ferrying rough diamonds from Mumbai to Surat and polished diamonds from Surat to Mumbai, have decided not to resume work
Gold Demand to Get Boost in 2018: WGC
Mumbai: Gold demand will get a fillip from government policies targeted at transparency and economic growth, according to the World Gold Council (WGC). “In India, the second largest gold market in the world, we believe that after their initial implementation shock, policies such as the demonetisation initiative and the new Goods and Service Tax (GST) will start to have a
