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About 160 results for "bachhraj bamalwa"

Gold imports in Nov highest, suggests black money was converted

Bachhraj Bamalwa, director of the All India Gems and Jewellery Trade Federation, told News18 that gold imports in November are estimated to be around 100 tons – the most this year, and about a fifth of the 500 tons of the precious metal imported in 2016. Money Control, 1 week ago

1 images for "bachhraj bamalwa"

IOL, 4 weeks ago

Demonetisation creates havoc; people rush to jewellers to convert cash into gold

By Swansy Afonso Indian jeweler Bachhraj Bamalwa's phone hasn't stopped ringing since Prime Minister Narendra Modi announced on national television that high-denomination bills will be withdrawn from Wednesday as the government cracks down on ...
 Economic Times4 weeks ago Indian jewellers in demand  IOL4 weeks ago Jewelers in Demand as Indians Try to Dispose of Banned Bills  Bloomberg4 weeks ago Jewelers in demand as Indiansseek to dispose banned bills  Business Mirror4 weeks ago
Yahoo! Finance

December gold imports to halve as demonetisation squeezes demand

India's overseas purchases of gold could halve this month after jumping to the highest level in 11 months in November because retail demand has faltered due to the government's move to scrap high-value currency notes, industry officials told ...
 Smart Investor1 week ago December gold imports to halve as cash crunch squeezes demand  Yahoo! Finance1 week ago India's gold imports to halve as cash crunch squeezes demand  Arab News1 week ago India Dec gold imports to halve as cash crunch bites  Gulf Times1 week ago

Central Board of Excise and Customs removes 1 per cent excise duty on branded gold coins

NEW DELHI: Branded gold coins may become cheaper after the government scrapped 1 per cent excise duty on them. In a notification, the (CBEC) said excise duty will be nil on gold coins of purity 99.5 per cent and above, bearing a brand name when ...
 Economic Times1 week ago CBEC removes 1% excise duty on branded gold coins  Press Trust of India1 week ago

Cash's king: Customers rush to sell old gold

KOLKATA: Currency shortage and a more than 80% drop in demand for gold in physical form since the announcement of demonetisation are keeping jewellers away from scrap gold, even as households are rushing to dispose of gold coins and bars. ...
 Economic Times1 week ago Gold sales dip as cash crunch bites India  The Gulf Today2 weeks ago Scrap gold supply expected to halve due to demonetisation  Livemint.com2 weeks ago Scrap gold supply to halve in India as cash crunch bites  Kitco2 weeks ago

Weddings lose glitter …but hotels say bookings remain high

With no cash in hand, Shyam Sunder cancelled a booking he had planned for his daughter's wedding in January. Its ripple effect transcended from the event manager to the flower vendor, who initially supported the demonetisation decision, and have now ...
 Financial Chronicle2 weeks ago
Art of Jewellery

Govt plans 3% GST on gold, nothing official yet

18-11-201617:25PM AOJ E-NEWS : The Centre is considering a lower 3 per cent goods and services tax (GST) rate on gold even as the industry sticks to its demand to keep it at a lower rate of 1.25 per cent. The proposal would be taken up in the ...
 Art of Jewellery2 weeks ago Centre plans 3% GST on gold, industry for 1.5% only  The Financial Chronicle3 weeks ago Govt proposes 4% tax on gold, but defers final decision  The Financial Chronicle1 month ago
ABP Live

Demonetisation: Slumber fear grips economy

A vendor takes a nap at the Azadpur fruit market in New Delhi on Thursday. Many wholesalers at the market, which has been by and large empty since the demonetisation, struck work on Thursday to protest the government's decision. Mamata Banerjee and ...
 ABP Live2 weeks ago
Art of Jewellery

Demonetisation hits jewellery demand in India

16-11-201614:45PM AOJ E-NEWS : Gold demand in India has taken a hit following the government's decision to demonetise Rs 500 and Rs 1,000 notes, even as the price of the precious metal dropped nearly 1% to about Rs 29,320 per 10 gm on Tuesday.
 Art of Jewellery3 weeks ago Demonetisation cures yellow fever  Economic Times3 weeks ago
Art of Jewellery

Demonetisation: Jewellers say steep decline in business a short-term hitch

Most of the jewellers are confident that once things streamline, the move will a significant impact on the gold business in the long-run. Gold business in India plunges after demonisation of highest denominationsReuters Demonetisation has slowly ...
 International Business Times India3 weeks ago Gold glitters before cash crunch  The Financial Chronicle4 weeks ago Gold trade may come to grinding halt with demonetisation of Rs 500 and Rs 1000 currency notes  Art of Jewellery4 weeks ago Gold, jewellery sales to come to a standstill  The Financial Chronicle1 month ago
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