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AHMEDABAD GOLD SALE
The next big money game is here. Everyone wants a seat at the tableIndia's wealth management scene is experiencing a remarkable transformation. With the rapid rise of affluent households, there’s a surge in...
Man sells 350 gram gold for Rs 11 lakh, income tax dept doubts it and sends tax notice for unexplained money; he wins case in ITAT AhmedabadIn a notable case highlighting taxpayer rights, an Ahmedabad-based gold trader, successfully contested a decision made by the Income Tax De...
BSE, NSE to offer options on gold, silver from JuneNSE and BSE will offer options on the underlying gold and silver contracts.
Gold past Rs 32K-mark: Brace for costliest Akshaya Tritiya ever!Prices are likely to rise further and thus, investments in gold will be soaring, said a jeweller.
Mumbai snatches bullion hub tag from AhmedabadGujarat has enjoyed the status of being the country’s biggest bullion hub as it had the lowest levies.
Malabar Gold and Diamonds to set up gold and diamond manufacturing unitsOne diamond jewellery manufacturing in Mumbai is also planned which is expected to become operational in the middle of the next fiscal, he ...
Navratri cheers for gold: Upswing in prices and jewellery salesConsumers are preferring pure gold jewellery over diamond jewellery and lightweight jewellery in particular, is the flavour of the season.
Platinum gets gilt edge, sales up 30 per centDespite a muted demand for gold jewellery in the first two months of the current fiscal, platinum jewellery sales have grown 25-30 per cent
PC Jeweller to have 50 outlets by March 2014Delhi-based PC Jeweller plans to open around 20 new showrooms in the country by the end of the current financial year. The company also bel...
- Festive demand lifts up domestic gold sales
Gold buying has picked up across India, the world’s biggest buyer of the metal, as Dhanteras and Diwali approach.
- Gold prices in India touch record-high of Rs 31,850
Gold prices have trebled in the last three years due to an uncertain global economic recovery.
Diwali only hope for gold traders as demand at two-decade low after yellow metal hits record pricesThe new high made by spiralling gold prices are keeping consumers away adding to the woes of jewellers and bullion traders who are unable t...
- 500 kg gold jewellery exp to be sold in Gujarat on Akshay Tritiya
Traders in Gujarat said that gold sales remained brisk on the auspicious occasion of 'Akshay Tritiya', notwithstanding the surge in the pri...
- No distress sale of Gold seen in 2011
Indian families are coping better with the economic downturn of 2011 and there has been no panic selling of the family jewellery.
- Gold sales clock 20% jump on Akshaya Tritiya
This year's Akshaya Tritiya has seen a 15%-20% rise in gold sales according to initial trade assessments.
- State govts gain from gold, silver rally; report higher tax revenues
Rising bullion prices are filling state govt coffers, thanks to value added tax on gold and silver.
- State govts gain from gold, silver rally; report higher tax revenues
Rising bullion prices are filling state govt coffers, thanks to valueadded tax on gold and silver. States have reported higher tax revenues...
Gold prices soar but buyers bet on Akshaya TritiyaThough prices of 22 carat gold used in making jewellery have gone up by 30% y-o-y, jewellers have introduced new offers to attract consumer...
- High gold demand pushes up coin sales
Banks, jewellery outlets and organisations are trying to cash in on the new trend by extending distribution to more branches and by offerin...
- Yellow fever catches on among women
In india, gold could be snatching away the diamond’s best friend, as she gets more and more financially independent.