Tuesday, 31 May 2016
#AOJDailyeNews If economy picks up, there will be more demand for gold loans: Muthoot Finance
George Alexander
Muthoot , MD, Muthoot Finance does not believe that gold finance
companies are fully dependent on gold prices. According to him, gold loans are
loans given for personal purposes Read More
#AOJDailyeNews GIA to launch synthetic testing service for Melee
The Gemological
Institute of America (GIA) is piloting a service to sift out synthetics and
treated diamonds from melee. Read More
#AOJDailyeNews PC Jewellers' standalone net profit falls over 34% in Q4
PC Jewellers today
reported over 34 per cent fall in standalone net profit at Rs 79.05 crore in
the fourth quarter of the 2015-16 fiscal on poor sales. The company had posted
a net profit of Rs 120.13 crore in the same quarter of 2014-15, it said in a
BSE filing. Read More
#AOJDailyeNews 60 Israeli diamond companies to participate at JCK Las Vegas
Israeli diamonds will
shine once again at JCK Las Vegas, which takes place from June 3 to June 6,
2016. The Israeli Diamond Industry will again be among the largest
international exhibitor groups, with some 60 Israeli diamond companies
participating. According to the Israel Diamond Institute Read More
#AOJDailyeNews Gold may not fall way below $1,200
Gold is unlikely to break significantly below
$1,200 an ounce over them on despite the metal having corrected 3% last week on
the US central bank rate hike anticipations by the market, options data on CME
Group’s Comex division last Friday shows.
Read More
Read More
#AOJDailyeNews No TCS (Tax Collected at Source) on Cash Jewellery purchase up to Rs 5 lakh
The government has
rolled back the Budget decision of charging 1% tax collection at source (TCS) on
cash purchases of gold worth over Rs 2 lakh much to the relief of potential
customers and jewellers Read More
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