The Income Tax Department carried out searches at 27 premises of of two Chennai-based groups, one of which is a leading bullion trader in Tamil Nadu...
The Rs 475,000-crore Indian jewellery sector has entered a consolidation phase with jewellers renegotiating for a 25-30 per cent of cut in rent, reducing store sizes and inventories,...
MUMBAI: Gold prices have hit the levels that were prevalent during demonetisation on November 8, when bars, coins and jewellery, among other goods, were purchased at...
Born into a family of merchants and landlords, Ahammed began his entrepreneurial odyssey at the age of 20 by setting up a spice trade venture in...
The Income-Tax (I-T) department has issued recovery orders against several jewellers across India over cash deposits made in 2016-17 after demonetisation, Business Standard reported. There is fear...
The Gold Amnesty Scheme seems to be the government’s another attempt at detecting and curbing the generation of black money. Experts are saying that since demonetisation...
The government may soon announce an amnesty scheme for gold to bring hordes of black money used in buying the yellow metal considered a safe investment...
Mumbai’s Zaveri Bazaar, once known as a hub of goldsmiths in India, now has vacant shops and rooms. Increased import duty and soaring gold prices have...
“I am stuck in this phase of life where I cannot go ahead or go back. The situation has been the same for two months. One...
Much against general perception, demonetisation and Goods and Services Tax (GST) regime appeared to have no bearing on the voting behaviour of the trade and business...
India may overtake China in the branded diamond business of De Beers–Forevermark in volume terms by end of 2019, the company said Friday. “If Forevermark in India grows by 50 per cent in...