Those selling ornaments with lower purity might now offer hefty discounts in order to get rid of non-hallmarked stocks
Dhanteras is considered auspicious for investment and buying gold.
Avoid fresh investments, as there might be more opportunities in the coming months, market experts tell Joydeep Ghosh
This flight of capital began in early August due to risk-aversion created first by rising geopolitical tensions due to North Korean aggression and second by the US Fed's decision to shrink its balance sheet
Total assets under management (AUM) for September stood at Rs 20.4 lakh crore compared with Rs 20.6 lakh crore at the end of August.
Batting for greater transparency, a Sebi panel said sound corporate governance helped companies generate "significantly greater returns".
To make money, invest in both good and bad times; otherwise the entire exercise is futile, experts tell Joydeep Ghosh & Sanjay Singh
Now, in many cases, they give no old jewellery but the bills they get show gold as provided by them, the jeweller's making charge and the GST on that.
Focus on large-caps and ensure that the portfolio is balanced.
Market players said the sell-off was triggered by pessimism that the government may not be able to balance growth with macro-stability.
Travel time, too, has not fallen much after the abolition of octroi with trucks still queued up at regional transport offices and toll tax plazas.
'We saw people tripping over each other, running, screaming.' 'You could see people running with their daily briefcase despite suffering deep cuts and blood pouring from them.'
The cryptocurrency will fall in the RBI's domain.
The options include involving jewellers as collection centres, addressing of issues that banks have been facing and using domestically available gold for giving metal loans to jewellers for domestic sales.
Indian industry will have to deal with high raw material prices, and user industries will see their costs rising though with a lag in some cases.
Dealers with turnover of Rs 2 crore and above covered; industry says threshold too low
According to government data, the prices have still not crossed the MSPs in some mandis.
On an average most commodities are up between 20-30 per cent compared to a year ago levels.
Of the 11,000 kg imported between July 1 and August 9, around 90 per cent was brought in by two business groups which took advantage of the favourable reduction in tax incidence under GST, routing their imports through Korea.
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