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SOMASUNDARAM PR
India's gold demand set to rebound in 2021 as economy expands, says World Gold CouncilHigher purchases by the world's second-biggest bullion consumer could support gold prices, which hit a record high last year, although that...28 Jan, 2021, 10.43 AM IST- India gold demand set to climb as buyers unleash pent-up demandSome of the weddings and festive buying that had been postponed because of the pandemic will come back in 2021, and this pent-up demand wil...15 Jan, 2021, 08.16 PM IST
- India's 2020 gold demand may hit 26-year low as prices rally: WGCLocal gold futures have jumped 35% so far this year after rising a quarter in 2019.30 Jul, 2020, 11.22 AM IST
- Yellow metal may take grey route by year endFlow of recycled gold likely to rise 15 per cent this year on high prices and rural distress02 Aug, 2019, 10.49 AM IST
- India's 2019 gold demand forecast at 750-850 T: WGCIndian demand has averaged 838 tonnes over the last 10 years.31 Jan, 2019, 01.20 PM IST
- World Gold Council warns India against curbs on gold importsGovernment is considering ways to cut "non-necessary" imports to stem an outflow of dollars.19 Sep, 2018, 11.31 AM IST
- India gold demand to remain at 650-750 tonnes in 2017The gold demand in the country had stood at 674 tonnes in 2016.23 May, 2017, 06.53 PM IST
- Good monsoon expected to drive demand for gold this year“The monsoon has been good. We are looking at a healthy growth, which will be double digits, with rural India being the key driver,” said S...30 Sep, 2016, 01.00 AM IST
- Give banks priority sector lending benefit to boost gold monetisation, says WGC"If the scheme is not linked to CRR, then the banks should be incentivised," said Somasundaram PR, managing director, World Gold Council In...31 Aug, 2015, 08.32 AM IST
- In India, gold hallmarking is the roadmap for future growth: Somasundaram PR, World Gold Council IndiaGold prices may have fallen sharply over the past few days but this trend may not continue for long, according to the World Gold Council31 Jul, 2015, 07.03 AM IST
- Jump in gold imports not unusual, says World Gold Council officialSomasundaram said January and February witnessed lower than usual imports as stakeholders anticipated a cut in import duty of gold in the B...21 Apr, 2015, 04.16 AM IST
- India needs to bring gold reforms to raise gold recycling: WGCThis is the right time to bring in gold reforms in the country instead of putting on more curbs to curtail demand, WGC said.22 Jan, 2015, 08.26 PM IST
- Government should frame national gold policy; set up gold bourse: ReportThe government should also look at establishing a Gold Board for managing import-export, develop accredited refineries, drive gold monitisa...09 Dec, 2014, 03.08 PM IST
- 200 tonnes of smuggled gold to enter India this year: World Gold CouncilThe demand for gold in the current year has been pegged at 850 -950 tonnes, and the offtake of more than 500 tonnes is expected between Jul...15 Aug, 2014, 04.00 AM IST
- Curbing gold import may have short-term impact: WGCIt suggested that the govt should treat gold as strategic assets, while advocating monetisation of country's huge gold stock.04 Jun, 2013, 07.10 PM IST
- We want to be a new-Generation bank: PR Somasundaram, Lakshmi Vilas Bank CEOIn an interview with ET, Lakshmi Vilas Bank's CEO PR Somasundaram said the bank will focus more on retail and work hard to shed its old pri...27 May, 2011, 03.48 AM IST
- 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.05 Feb, 2011, 01.10 AM IST
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