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SOMASUNDARAM CEO
World Gold Council names Sachin Jain new India CEOSachin Jain, appointed as the new CEO for India by the World Gold Council, brings a deep understanding of the Indian consumer and jewellery...- India's gold demand to rise in 2024 despite subdued March quarter: World Gold CouncilIndia's gold demand is expected to be subdued in the first quarter of 2024 due to lower jewelry sales. However, annual demand is anticipate...
- Rise of gold consumption in India to continue: Somasundaram PR, regional CEO for India, WGCIndia will continue to see a rise in gold consumption due to increasing prosperity within the middle class and growing awareness about the ...
- All that glitters is not good gold: Inside India's yellow metal smuggling sceneGold gets smuggled into the country in a hundred ways. A carrier can hide it in their body, stitch it inside their clothing, conceal it in ...
- Aquaconnect raises $15 million in Series A funding roundThe company said it will utilize the fresh funds to strengthen its portfolio of scalable solutions that use AI and Satellite remote sensing...
- Gold loan NBFCs report 12% uptick in credit demand from agri sector"The credit demand from farming in general is high. Fish farming and shrimp farming have shown more demand during the ongoing kharif season...
- Gold smuggling may rise 33% in 2022: WGCHowever, despite duty hike, inflation and uncertainty, WGC has pegged this year's gold consumption at 800 tonnes, which is a shade higher t...
- Aquaconnect to expand footprint, increase aqua partner networkHe added that the company has partnered with over five financial institutions and two insurers to accelerate fintech inclusion and risk mit...
- India's Q1 gold demand declines 18 pc to 135.5 tonnes amid higher prices: WGCWGC Regional CEO, India, Somasundaram P R told PTI that gold prices began rising in January, increasing by 8 per cent to Rs 45,434 per 10 g...
- Gold consumption in India increases to 797.3 tonnes in 2021Gold jewellery demand doubled year-on-year in 2021, surging past pre-pandemic levels to reach a six-year high of 610.9 tonnes, fuelled by w...
- India's gold demand skyrockets to 797.3 tons in 2021: WGC"The year 2021 revalidated the strength of conventional wisdom about gold and holds several lessons in revival that will shape policy think...
- Energy stocks boost Australian shares, miners cap gainsMiners dropped 1.2% as China's gross domestic product data signalled cooling growth momentum and weak consumption in the property and retai...
- Millennials love it, but digital gold’s not without concernsThe move comes at a time when digital gold is gaining importance in the Indian market and is becoming a hit with millennials, primarily due...
- India's gold consumption could jump to 600 tonnes in 2021: World Gold CouncilWGC on Thursday released its report on gold demand in the third quarter of 2021. It pegged it at 139.1 tonnes, up by 47% when compared with...
- India gold demand rises 30% in first half of 2021“The second quarter of 2021 was marked by widespread regional lockdowns following the rise in Covid infections. Unlike the previous year, w...
- Australian shares close lower as spiralling pandemic stokes recovery fearsThe Australian energy index declined 2.9% on weaker oil prices. Santos fell 5%, while Woodside Petroleum lost 2%.
- No RBI word yet on KR Pradeep's appointment at Lakshmi Vilas BankThe Karur-based bank has been without a chairman for more than a year now after S Narayan retired in January 2011.
- Eros-Photon to co-produce Tamil flickThe company also has producer Michael Rosenberg as its chairman. It was established in 2009 and is listed on LSE's AIM exchange.
- ED exit forces Lakshmi Vilas to drop plan to float housing finance armThe bank's decision coincided with a slump in housing loan demand amid rising interest rates and concerns over loan defaults.
- Lakshmi Vilas plans to raise Rs 350 crore from 40% stake saleLakshmi Vilas Bank (LVB) will dilute a 40% equity to raise funds from a share sale to boost its capital and raise lending.
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