“The government may keep a rule that requires
importers to supply 20 per cent of their cargo to jewellers for
re-export or introduce a system of quotas or licenses.”
Rajesh Khosla,
Managing Director, MMTC-PAMP India Pvt
Thursday, 21 August 2014
Quote of the day - 21st Aug 2014
“Every time we take the D-Show to a new city,
we witness overwhelming support from industry luminaries and
long-standing IGI partners. With the D-Show Bangalore, we look forward
to strengthening these partnerships while building newer ones, and
exploring our future prospects in the South Market".
Tehmasp Printer,
Managing Director, International Gemological Institute (IGI)
Quote of the day - 21st Aug 2014
“We are prepared to go in for an IPO to pave the way for the exit of the fund in 2018-19.”
Suvankar Sen, Executive Director, Senco Gold
Gold curbs by India may be permanent: MMTC-PAMP India
Controls on gold imports by India will probably be permanent as the
world’s largest consumer after China seeks to sustain a reduction in the
current account deficit, read more
India's gold jewellery exports bloomed in Q1 2014
Despite fall in
global jewellery demand, the gold jewellery exports from India remained
robust during the initial quarter of the current fiscal. The exports
during the period from April to June ’14 surpassed US $ 2 billion, read more
Senco Gold to invest Rs 350 cr on expansion
Senco Gold, a Rs
1,200-crore private jewellery retail chain, plans to spend around Rs 350
crore to expand its retail network, says Suvankar Sen, Executive
Director.
read more
Dubai retailers witnesses 20% growth in gold jewellery sales during Eid
The rate was Dh147 per gram before the Eid season and Dh150 during the season.
Although our Eid sales had risen, the difference (increase) of Dh 3 per gram did not have an impact on that,” he said. read more
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