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Gems and Jewellery Industry India News & Recent Update | IBEF

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IFC to invest US$ 35 million in Manappuram Finance Mumbai: The International Finance Corporation (IFC) is going to invest US$ 35 million in Manappuram Finance Limited (MFL) which will help rural and low-income households and small enterprises in India to get loans against their gold assets....

Livemint May 28, 2019

Indians lead top 10 nationalities investing in Dubai's gold sector New Delhi: Indians are the 10th largest investor in Dubai's gold sector, according to a report by the Department of Economic Development (DED), Dubai....

PTI May 27, 2019

Subdued gold prices trigger brisk jewellery sales on Akshaya Tritiya Mumbai: Jewellers across India recorded significant increase in jewellery sales on the occasion of Akshaya Tritiya on March 07, 2019, driven by moderate gold prices....

Business Standard May 08, 2019

Govt plans to reduce GST rate and basic customs duty on gold New Delhi: The Government of India is planning to reduce the import duty on gold to 4 per cent from the current 10 per cent and rationalise the Goods and Services Tax (GST) of gold as part of a comprehensive gold policy....

Business Standard May 03, 2019

Ultra-rich to increase investment in gold asset class in 2019 Mumbai: Around 14 per cent of Ultra-high net worth individuals (UHNWIs) in India are expected to increase their investments in gold in 2019 supported by a positive sentiment in the market, as per a survey conducted by Knight Frank....

PTI May 03, 2019
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