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OLD GOLD RECYCLING
PM Modi thanks people for responding to his callPrime Minister Narendra Modi lauded citizens for heeding his call to curb extravagant spending amidst the West Asia crisis. Many have pledg...- Households rush to cash out old gold amid fears of a crashIndian households are cashing in on high gold prices, selling nearly 50 tonnes of old jewellery in the last quarter, a 43% jump year-on-yea...
- Mann Ki Baat: PM Modi thanks citizens for supporting calls to curb gold purchases, adopt fuel-saving habits amid West Asia crisisPrime Minister Narendra Modi expressed gratitude to citizens for actively embracing his appeals during West Asia's crisis. He highlighted w...
- Organised jewellers seen sustaining growth despite 80% surge in gold prices: NuvamaIndia's jewellery sector anticipates strong growth. Weddings and festivals are driving demand, even with high gold prices. Retailers report...
- Change drivers : creating industry-wide impactThis article highlights individuals driving innovation and trust in various sectors. Shiva Sankeerth Reddy Yarradla is revolutionizing ente...
- Exchange of old gold has risen almost 60% year-on-year, say jewellery retailersGold prices are soaring in India, prompting a surge in old gold exchanges. Consumers are trading in existing jewellery to buy new pieces. T...
- Want to exchange old gold for new jewellery? Beware of these taxesIndians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...
- Chinese proverb of the day: 'Cherish a broom as if it was...' Life lessons on humility, self-care, love, achievements, and why one should value one's possessions irrespective of their conditionChinese proverb of the day highlights the ancient saying “Cherish a broom as if it was gold.” The proverb teaches people to value possessio...
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- Gold recycling schemes on the rise after gold prices move up: How your old jewellery is evaluated and what price you getRising import duty and PM Narendra Modi’s appeal to delay purchases have pushed jewellery brands like Kalyan Jewellers and Malabar Gold & D...
- Gold vs silver: Where to put Rs 1 lakh today? Experts suggest allocation strategy as gold-silver ratio drops below 55An ideal allocation between gold and silver should depend on an individual’s risk appetite, financial goals and investment goals, Guha unde...
- What should you do with your gold investments as gold import duty increases to 15%?Gold prices surged after the government raised gold import duty from 6% to 15%, impacting MCX, IBJA rates, ETFs, and jewellery retailer pri...
- Duty hike may bring out more old gold into marketIndustry executives said promoting sales of lower carat jewellery like 14K and 9K can reduce imports by 20-30%, and discouraging investment...
- Gold volume growth may dip 10–15% after duty hike, say jewellersIndia's gold and silver import duty hike may affect jewellery sales volumes initially. Industry leaders believe demand will stay strong due...
- Gold jewellery to get costlier: Here's how much more you need to pay on your next purchaseIndia has significantly raised import duties on gold and silver. This move aims to reduce foreign exchange outflow and ease pressure on res...
- Jewellers say people were already recycling, exchanging old gold instead of new purchases amid PM Modi's appealIndians are smartly buying gold. High prices mean more people are exchanging old jewellery for new. This reduces the need for fresh gold im...
- The Twain Met at the Met Gala: How Indian craftsmanship found its biggest fashion stage in New YorkIndian designers and artisans took centre stage at this year’s Met Gala, using the global fashion event to showcase traditional Indian craf...
- Rural India sells household gold for cashThe government should come up with a recycled gold policy which will give a direction to people who are willing to offload ancestral gold,”...
- Muthoot Exim set to enter gold recycling business; to recycle two tonne gold by 2017-2018The company set up its first recycling facility, Muthoot Gold Point Centre, at the end of last year in Coimbatore and has five centres at p...
- Gold recycling nearly doubles in India as prices escalateDuring June quarter, India reported a significant rise in recycling as consumers sought to capitalize on the increased price of the yellow ...
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