The scheme, touted as a panacea to burgeoning CAD, was a huge flop that fostered a spike in smuggling and allowed several Gitanjali-like players to make a killing
'We want to connect unique skills that students have with the unique jobs being created.'
While the government has not made the report public, sources said the panel had recommended a sharp cut in all taxes on the gold business, including import duty and goods and services tax which amounts to over 13%.
Two entities under the Union ministry of commerce report differing figures for import of cut and polished diamonds for the first eight months of the financial year.
'We don't trade with any business where we have specific concerns,' a De Beers spokesperson said.
Gitanjali Gems and Firestar Diamonds together account for 5.8 per cent of the diamond and jewellery trade in India.
The spotlight is back on the hawala trade in diamonds.
Three-four big gem and jewellery firms are showing financial weaknesses and might find it tough to withstand shocks
Indian exchanges see spurt in volumes due to the entry of newcomers to the trade
While the gold policy covers every aspect, from sourcing gold to trading and investing in it, experts assert that the policy is incomplete if mining of gold in India isn't promoted.
BSE proposes two models for making gold trading and investment transparent
Last week, the country's leading exchange, Zebpay, launched trading in Litecoin, which is the eighth-largest cryptocurrency, following rising demand from Indian investors.
Among these, IIT Madras and IIT Gandhinagar run structured programmes where applications are invited from candidates outside campus.Vinay Umarji reports
After last year's lull, number of offers jump by 15%.
Silver has a dual role - 60 per cent of the total silver produced is used for industrial purposes in the electrical & electronics segment and photovoltaic demand mostly for solar panels.
The new changes in the Common Admission Test has encouraged aspirants from non-technical backgrounds to crack the exam.
The Bharatiya Janata Party-led state government is acquiring groundnut at Rs 4,500 per quintal; the market price is Rs 3,500 per quintal
Millennials crave career progression, though 66 per cent are under-prepared, reveals Monster's 'MyFirstJob' survey.
This year, campuses placed most number of students in the first phase compared to past few years.
The IIM Bill, passed by Rajya Sabha, gives B-schools autonomy and power to award full-fledged degrees.
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