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Tag "coronavirus crisis"

Here’s why Reserve Bank of India may be looking to boost its gold reserve

Here’s why Reserve Bank of India may be looking to boost its gold reserve 0

🕔16:22, 20.Aug 2020

Reports say that the RBI is looking to hike its gold reserves to 10% of its total reserves as opposed to the current 6.5%. A Central Bank buys gold for the same reason that households do. It’s a safe investment.

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Budget for wedding jewellery likely to increase as outlay  for other expenses goes down

Budget for wedding jewellery likely to increase as outlay for other expenses goes down 0 Updated

🕔20:48, 11.Aug 2020

by Suneeta Kaul The Big Fat Indian Wedding does not exist only in movies – it is a reality that spans metros, smaller cities, towns, and even villages. According to a KPMG report released in 2017, the Indian wedding industry

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How Chinese jeweller Ideal transformed staff into live-streaming KOLs

How Chinese jeweller Ideal transformed staff into live-streaming KOLs 0

🕔11:08, 30.May 2020

Shenzhen’s multi-brand jeweller Ideal has transformed its 18-year-old traditional business model to a New Retail business virtually overnight in light of the coronavirus crisis. The retailer rolled out a transformation initiative dubbed “Thousand People, Thousand Stores” by establishing ‘online cloud

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India: Diamond Leaders Call for Government to Reopen Operations

India: Diamond Leaders Call for Government to Reopen Operations 0

🕔18:10, 14.May 2020

Industry insiders in India are that customers will look elsewhere for cutting and polishing. Diamond factory heads in India are urging their government to gradually reopen cutting and polishing operations in the country, following an extension of the nation-wide lockdown to May

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Decoded: How gold may benefit from coronavirus crisis

Decoded: How gold may benefit from coronavirus crisis 0 Updated

🕔15:30, 29.Apr 2020

Driven by investors’ clamour for insurance against economic turmoil and the potential devaluation of assets and currencies, some predict a bull run reminiscent of gold’s price rally to record highs just shy of $2,000 in 2011. Gold loves a crisis,

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