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Tag Archives: gold

IT department keep an eye on jewelry buying

IT department keep an eye on jewelery buying

After RBI’s decision to change old notes, gold jewellery sales shot up 10-15 per cent on Monday. IT department not only the bank but also will look at jewelers buying. Income Tax department to inform those who seek to replace ...

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Sonia Gandhi: reduce import duty on gold

Sonia Gandhi seeks gold import duty cut

To reduce the import duty on gold Congress President Sonia Gandhi has intervened. To reduce the import duty on gold Sonia Gandhi has written letters to the concerned Ministries of Commerce, reported CNBC-Awaaz. Sonia Gandhi wrote a letter to commerce ...

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Indian Gems & jewellery exports suffer 5.7% drop y-o-y during April-Nov

In Delhi gold prices extended gains for the second consecutive day by adding Rs 20 to Rs 30,200 per ten grams

In the midst of a crackdown on gold imports, the country’s exports of gems and jewelery suffered a fall of 5.7% year on year between April and November, thanks to lower outbound shipments of Jewelry & gold coins. India, the ...

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An Indian arrested at Sharjah for trying to smuggle out gold biscuits

An Indian arrested at Sharjah for trying to smuggle out gold biscuits

An Indian man was arrested on Saturday in Sharjah, United Arab Emirates while trying to smuggle 12 gold biscuits to India. The suspect, who was identified Gh.R.A. He was captured by customs officials at the airport. He was going to India ...

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Gold extends gains on stockists buying wedding season demand, Silver snapped

Gold extends gains on stockists buying wedding season demand, Silver snapped

Gold extended gains for second consecutive day, adding Rs 90 to Rs 30,170 per ten grams in Delhi today in the continued buying by stockists for the ensuing wedding season between reaffirming global trend. Silver snapped his tendency to lose two ...

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RBI allows NBFCs to lend up to 75 percent against gold jewellery

The Reserve Bank on Wednesday allowed NBFCs to lend up to 75 per cent of the value of metal from 60 per cent at present

People who seek loan taken against gold jewelery are now able take on more debt, as the Reserve Bank on Wednesday allowed NBFCs to lend up to 75 percent of the value of metal from 60 percent now. “… it ...

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Gold fell by Rs 160 to Rs 30,000 and Silver also by Rs 1,050 to Rs 44,300

Gold fell by Rs 160 to Rs 30,000 and Silver also by Rs 1,050 to Rs 44,300

Gold prices fell by Rs 160 to Rs 30,000 per ten grams in Delhi today in the continued selling by stockists against weak demand amidst a weak global trend. Silver also fell by Rs 1050 to Rs 44,300 per kg ...

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Gold prices head lower on rising equities, signs of economic growth

Gold set to head lower on rising equities, signs of economic growth

The prices of gold in the domestic spot and futures market are set to head lower on Wednesday with reference to the global market. Overnight, equities rose as the U.S. dollar, whereas the data showed the U.S. trade deficit fell to at ...

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