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Tax refund rate increased for gold jewellery exporters

Last Updated: Friday, June 21, 2013, 22:52

With an aim to increase jewellery exports, the government Friday increased the duty drawback rate by Rs 73 to Rs 173.7 per gram on gold ornaments.

Gems, jewellery exports glitter in April; see 33% growth

Last Updated: Friday, May 24, 2013, 16:42

After declining 3 percent in March, India's gems and jewellery exports witnessed a robust growth of about 33 percent to USD 3.38 billion in April 2013.

MMTC aims Rs 30-crore sales on during Akshaya Tritiya festival

Last Updated: Saturday, May 11, 2013, 10:53

Akshaya Tritiya is on May 13 and is considered to be an auspicious day for buying precious metals in Hindu culture.

Muthoot Pappachan group launches hallmarked 2-8 gm jewellery

Last Updated: Thursday, May 09, 2013, 15:34

Muthoot Exim, a newly formed vertical of Muthoot Pappachan Group, Thursday launched 'Swarnavarsham' jewellery, enabling customers to purchase hallmarked 2-8 gm gold jewellery in tamper proof packaging, a first such in India, a company official said.

RBI tightens screws on gold funding

Last Updated: Friday, May 03, 2013, 15:39

The Reserve Bank also restricted the lending against gold coins up to 50 grams only.

Gold downturn: What it means for the aam aadmi

Last Updated: Thursday, April 18, 2013, 14:44

The plunge in bullion market has shaken the confidence in gold.

MMTC logs Rs 15,000 cr sales turnover in gold jewellery in FY13

Last Updated: Saturday, April 06, 2013, 20:14

Majumdar said MMTC clocked sales turnover of Rs 1,000 crore alone from the sale of jewellery at various exhibitions across the country.

Gold falls by Rs 100 to Rs 30,100 per 10 gm

Last Updated: Tuesday, April 02, 2013, 15:31

While gold fell by Rs 100 to Rs 30,100 per ten grams, silver lost Rs 300 to Rs 53,200 per kg.

Gold recovers on fresh buying; silver ends steady

Last Updated: Monday, April 01, 2013, 16:24

Gold prices recovered by Rs 130 to Rs 30,200 per ten grams in the national capital Monday on fresh buying by stockists.

Revenue dept advised to suspend pref gold imports from Thailand

Last Updated: Thursday, March 21, 2013, 14:48

The government has advised the Revenue Department to suspend preferential import of gold jewellery from Thailand, Parliament was informed on Thursday.

Gold weakens further; closes down by Rs 165 at Rs 29,985 per 10 gm

Last Updated: Friday, March 01, 2013, 15:44

While gold fell by Rs 165 to Rs 29,985 per ten grams, silver lost Rs 515 to Rs 54,750 per kg on poor demand and heavy selling by stockists.

Gold rises for 2nd day; closes at Rs 30,060 per 10 gm

Last Updated: Saturday, February 23, 2013, 15:19

Both the precious metals, gold and silver extended gains for the second straight day in the national capital Saturday on sustained buying by retailers amid a firming global trend.