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Tag "economic 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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The future of jewellery industry is promising, here’s why

The future of jewellery industry is promising, here’s why 0

🕔17:38, 24.Jun 2020

Covid-19 has changed the way we look at things. Not only has the global pandemic affected our lives in unimaginable ways, but also impacted our habits – from work to shopping, every avenue possible has taken a blow. While the

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DIAMONDS EMBARK ON A JOURNEY OF LUXURY WITH THE NATURAL DIAMOND COUNCIL

DIAMONDS EMBARK ON A JOURNEY OF LUXURY WITH THE NATURAL DIAMOND COUNCIL 0 Updated

🕔16:39, 2.Jun 2020

Diamond Producers Association (DPA) rebrands itself with a new consumer-facing identity and digital platform called ‘Only Natural Diamonds’ The world’s leading diamond producers today launched the Natural Diamond Council (NDC), formerly known as the Diamond Producers Association (DPA), in USA

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Heavy rush in jewelleries to buy gold amid lockdown

Heavy rush in jewelleries to buy gold amid lockdown 0

🕔17:44, 23.May 2020

Kochi: With the easing of lockdown, jewelleries were allowed to function in the state. As the shops opened after two months, heavy rush was experienced everywhere. Since the gold price is at its peak and due to the economic crisis

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India’s Affluent Diamond Industry Loses Its Sheen to Pandemic

India’s Affluent Diamond Industry Loses Its Sheen to Pandemic 0

🕔19:13, 16.May 2020

New Delhi (Sputnik): The economic repercussions of the lockdown have jeopardised the prospects of the booming luxury goods market, including the diamond industry, in India. Faced with the challenge of falling demand and an exodus of labour, diamond units in

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COVID-19 | Remonetise gold to tide over the economic crisis

COVID-19 | Remonetise gold to tide over the economic crisis 0 Updated

🕔17:31, 14.May 2020

The value of gold in India is estimated to be 40 percent of the nominal GDP. Monetising 10 percent of this will ensure a liquidity of Rs 13 lakh-crore, which can be used to overcome the crisis As the COVID-19

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