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Gems and jewellery News
Gems and jewellery
Compliance officer, financial officer at Gitanjali Gems resign; website taken down too
Mon, Feb 19, 2018
While the Income-Tax (IT) raids on various stores of Gitanjali Gems go on, the company's Chief Financial Officer and Chief Compliance officer have resigned from their respective posts. CFO Chandrakant Karkare resigned citing wife’s health issues, according to a statement on exchanges.
Will investing in physical gold post GST a good option?
Tue, Jun 06, 2017
On one side where the jewellers are cheering the move, and rating agencies are expecting uptick in demand, but with 3% tax on gold, is it really a positive move?
GDP numbers: How did cash-dominated sectors perform so well despite demonetisation?
Thu, Mar 02, 2017
What is hard to believe in the given GDP numbers was the performance of cash-dominated sectors where analysts expected a significant slowdown post demonetisation, but has seen uptick compared to Q2FY17.
Post-demonetisation credit profile of large corporates is likely to be neutral: India Ratings
Thu, Feb 09, 2017
India Ratings and Research has projected that post-demonetisation the credit profile of large corporates with revenue of over Rs 250 crore is likely to be neutral with no significant changes in their ratings.
India's consumption demand may take over one year to recover from demonetisation shock
Tue, Nov 22, 2016
“Consumption demand may take 1-6 quarters to recover on account of demonetisation.” One quarter is a three-month period that a fiscal year is divided into. A fiscal year, hence, has four such quarters.
Extend incentives for gems, jewellery sector to boost export: Assocham
Wed, Jun 08, 2016
The chamber has also appealed to the government for granting industry status to the gems and jewellery sector to give a fillip to investments.