Gold jewelry recycling in India seen matching record this yearIndians will probably sell a record amount of used gold jewelry this year to take advantage of a surge in domestic prices of the precious m...
13 Jun, 2023, 01.50 PM IST
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...
28 Apr, 2022, 12.02 PM IST
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...
28 Jan, 2022, 01.30 PM IST
Guru Somasundaram reveals why he skipped 'Minnal Murali' director's advice to watch Joaquin Phoenix's 'Joker'Director Basil Joseph wanted Guru Somasundaram to watch 'Joker' to get into his character.
27 Dec, 2021, 05.34 PM IST
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...
29 Jul, 2021, 04.21 PM IST
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 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
How CTO Soma Somasundaram is defining the technology strategy of InforIn an interview with ETCIO.COM, Soma Somasundaram, CTO at Infor reveals the broad contours of Infor’s technology strategy.
10 Oct, 2018, 04.01 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
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
New guidelines soon for privatisation of airport operationsSomasundaram also said that the five airports selected to be developed under "no-frills airports" category would be operational in the next...
26 Oct, 2014, 02.26 PM 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
- Airports Authority of India wins international award
The Airports Authority of India (AAI) has won an international award in recognition of its excellence in the air traffic control industry, ...
15 Mar, 2012, 09.22 PM IST
- We want to be a new-Generation bank: PR Somasundaram, Lakshmi Vilas Bank CEO
In 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 sale
Lakshmi 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