Two Central Banks, Two Signals: Why the NFP Shock Hit Silver Harder Than Gold

Macro Snapshot: The week ending June 5 belonged to two central banks and one labour number. On Friday June 5, the Reserve Bank of India’s Monetary Policy Committee held the repo rate at 5.25% for the third consecutive meeting, voting unanimously, and raised the FY27 inflation projection by 50 basis points to 5.1%. Hours later, the US Bureau of Labor Statistics released a May nonfarm payrolls print of 172,000 jobs, roughly double the consensus expectation of approximately 85,000. The number

Read More »

Two Central Banks, Two Signals: Why the NFP Shock Hit Silver Harder Than Gold

Macro Snapshot: The week ending June 5 belonged to two central banks and one labour number. On Friday June 5, the Reserve Bank of India’s Monetary Policy Committee held the repo rate at 5.25% for the third consecutive meeting, voting unanimously, and raised the FY27 inflation projection by 50 basis points to 5.1%. Hours later, the US Bureau of Labor Statistics released a May nonfarm payrolls print of 172,000 jobs, roughly double the consensus expectation of approximately 85,000. The number

Read More »

Top News

India Withdraws 1% TCS on Jewellery Purchase

New Delhi: The Indian Government on Tuesday rolled back its decision to apply 1% tax collected at source (TCS) on cash purchase of gold jewellery of Rs 2 lakh and above and raised the limit to Rs 5 lakh with effect from 1 June 2016, media report said. Reacting to the news, jwellery stocks such as PC Jwellers, TBZ and

Read More »

Platinum ‘Season of Love’ from 10 to 26th June

Mumbai: Make this summer memorable for your loved one with Platinum Season of Love. For the first time Platinum Day of Love brings to you an exclusive in- store festival, where you can commemorate your love in true Platinum style. ‘Season of Love’ is being celebrated at all leading Platinum Jewellery retailers from 10th June till 26th June. You are

Read More »

WFDB Launches Young Diamantaires Programme

Antwerp: An exciting new initiative of the World Federation of Diamond Bourses (WFDB) that was launched at the recent 37th World Diamond Congress in Dubai is an international Young Diamantaires programme. The forward-looking project came out of discussions held by the WFDB’s Promotion Committee with the aim of promoting ongoing communications between younger diamond industry members and reaching out to

Read More »

Myntra Forays into Fine Jewellery

Mumbai: The ubiquitous name in online fashion – Myntra introduced fine jewellery on its platform with the launch of Mia by Tanishq, India’s first work-wear jewellery brand. This event marks the next phase of Myntra’s rapid growth, as the company expands into lifestyle segment, offering consumers the best of fashion & lifestyle at a single platform. Mia by Tanishq, a

Read More »

India Withdraws 1% TCS on Jewellery Purchase

New Delhi: The Indian Government on Tuesday rolled back its decision to apply 1% tax collected at source (TCS) on cash purchase of gold jewellery of Rs 2 lakh and above and raised the limit to Rs 5 lakh with effect from 1 June 2016, media report said. Reacting to the news, jwellery stocks such as PC Jwellers, TBZ and

Read More »

Platinum ‘Season of Love’ from 10 to 26th June

Mumbai: Make this summer memorable for your loved one with Platinum Season of Love. For the first time Platinum Day of Love brings to you an exclusive in- store festival, where you can commemorate your love in true Platinum style. ‘Season of Love’ is being celebrated at all leading Platinum Jewellery retailers from 10th June till 26th June. You are

Read More »

WFDB Launches Young Diamantaires Programme

Antwerp: An exciting new initiative of the World Federation of Diamond Bourses (WFDB) that was launched at the recent 37th World Diamond Congress in Dubai is an international Young Diamantaires programme. The forward-looking project came out of discussions held by the WFDB’s Promotion Committee with the aim of promoting ongoing communications between younger diamond industry members and reaching out to

Read More »

Myntra Forays into Fine Jewellery

Mumbai: The ubiquitous name in online fashion – Myntra introduced fine jewellery on its platform with the launch of Mia by Tanishq, India’s first work-wear jewellery brand. This event marks the next phase of Myntra’s rapid growth, as the company expands into lifestyle segment, offering consumers the best of fashion & lifestyle at a single platform. Mia by Tanishq, a

Read More »

Latest Videos