De Beers, the world's premier source for rough diamonds, has painted an attractive picture for jewellery demand.
Experts say a turnaround may happen after the general elections.
The 80:20 rule mandates importers to channel at least 20% of the import quantity for jewellery exports.
New regime places more limits on unregulated foreign entities
A Delhi University alumnus with an MBA in finance and a doctorate, Vaish started his career as a banker in 1984, became an academician a few years later and joined the capital market in 1998.
Govt clamps have resulted in 93% decline in April-November
Lasalgaon, Pimpalgaon mandis halt auctions to arrest the decline.
Import of jewellery from Hong Kong attracts no duty in India, due to a free trade agreement.
To restrict onion exports and help cut prices in the domestic market, the government had gradually raised the MEP to $1,150 a tonne from $650 a tonne a few months earlier.
Smaller players may find it difficult to bear the costs associated with such a requirement.
Three closed-ended equity schemes have been launched in the past month or so and another is set to open soon for subscription.
The India Pulses and Grains Association estimates production of kharif pulses at seven mt this year.
While some companies, such as HSBC, have closed retail operations, big players such as India Infoline is scaling down.
Govt floated import tender, allowed import without fumigation.
Increased harvesting is expected to boost supply
The 91.9 per cent slide in the stock price of Gitanjali Gems since April has depleted the value of promoter Mehul Choksi's holding in the company by at least Rs 17 crore (Rs 170 million) a day on an average.
Supply through recycling of used gold declined to around 10 tonnes in the second quarter of the current calendar year.
The exchange may now look to its real estate business for cash flows
The price of export quality lady's finger, for example, shot up 150 per cent in two weeks to close on Thursday at Rs 40 a kg against Rs 16 a kg on September 16 in the Agricultural Produce Marketing Committee, Vashi, near Mumbai.
Sahara says awaiting further clarity on issue from regulator, suggests 'human error' or investor confusion led to mismatch.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances