China’s largest gold miner posts gloomy results
August 11th, 2012 - 1:02 pm ICT by IANS
Beijing, Aug 11 (IANS) Zijin Mining Group Co., China's largest gold producer by output, Saturday said its net profits slumped 19.95 percent year-on-year in the first half of 2012 as ... Read more...
Posted in Business |
Gold traders on Akshaya Tritiya high
April 23rd, 2012 - 1:21 pm ICT by IANS
Kolkata, April 23 (IANS) Jewellery makers and gold traders are expecting good business this Akshaya Tritiya compared to last year as sales have picked up before the auspicious day ... Read more...
Posted in Life Style |
Budget blues: People not impressed (Lead)
March 16th, 2012 - 7:57 pm ICT by IANS
New Delhi/Mumbai, March 16 (IANS) As Finance Minister Pranab Mukherjee Friday presented the national budget for 2012-13 claiming that the economy was returning to normal, the common man didn't ... Read more...
Posted in Business |
Budget blues: People not impressed
March 16th, 2012 - 6:02 pm ICT by IANS
New Delhi, March 16 (IANS) As Finance Minister Pranab Mukherjee Friday presented the national budget for 2012-13 claiming that the economy was returning to normal, the common man ... Read more...
Posted in Politics |
US gold and copper prices ease
March 13th, 2012 - 12:29 am ICT by Aishwarya Bhatt
New York, Mar 12 (THAINDIAN NEWS) In some good news for gold lovers, the price of the priced commodity has dropped. And along with gold, price of copper has eased as well. ... Read more...
Posted in Business |
Strong performance of Euro pushes gold prices up
February 21st, 2012 - 12:27 am ICT by Aishwarya Bhatt
Brussels, Feb 20 (THAINDIAN NEWS) Optimism that a deal may be in sight in the Greek crisis has sent the euro rising. Analysts say the strong performance of the euro has also ... Read more...
Posted in Business |
China to surpass India as top gold consumer
February 19th, 2012 - 10:21 am ICT by IANS
Beijing, Feb 19 (IANS) China is set to surpass India as the world's top gold consumer this year, the World Gold Council (WGC) predicted.The demand for gold in China, the ... Read more...
Posted in Business |
China won’t permit new gold exchanges
December 28th, 2011 - 8:32 am ICT by IANS
Beijing, Dec 28 (IANS) China's central bank has announced it will not authorize the setting up of new gold exchanges in the country.The People's Bank of China has also banned ... Read more...
Posted in Business |
Titan to double market share in jewellery business in 5 years
December 15th, 2011 - 5:44 pm ICT by IANS
Kolkata, Dec 15 (IANS) Tata group company Titan Industries is eyeing to double its market share of five percent in jewellery business in the next five years, a top company ... Read more...
Posted in Business |
Shubh Jewellers targets southern India with 550 gold outlets
December 15th, 2011 - 3:28 pm ICT by IANS
Mumbai, Dec 14 (IANS) Soaring gold prices notwithstanding, a leading jewellery company has announced the opening of 550 retail outlets across southern India under the Shubh Jewellers brand, an official ... Read more...
Posted in Business |
Diwali glitter in Mumbai despite inflation!
October 24th, 2011 - 1:35 pm ICT by IANS
Mumbai, Oct 24 (IANS) In the run-up to Diwali, the shopping mood in India's financial capital is upbeat despite the spiralling cost of living. Garments, furnishings and high value consumer ... Read more...
Posted in Life Style |
Gold rush before Dhanteras: Jewellers
October 23rd, 2011 - 3:05 pm ICT by IANS
Kolkata, Oct 23 (IANS) The gold rush across India just before Monday's Dhanteras festival has made jewellers confident of increasing their business, though prices of the yellow metal show volatility ... Read more...
Posted in Business |
‘Britons have more faith in gold than savings’
October 19th, 2011 - 9:18 pm ICT by IANS
London, Oct 19 (IANS) Over a third of Britons are buying gold instead of putting cash into their savings, a new poll has found.With gold prices hitting record highs, new ... Read more...
Posted in World |
India’s forex reserves rise by $266 million
September 24th, 2011 - 3:13 pm ICT by IANS
Mumbai, Sep 24 (IANS) India's foreign exchange (forex) reserves rose by $266 million to $316.76 billion for the week ended Sep 16, after declining by $4.29 billion in the previous ... Read more...
Posted in Business |
Asia’s tallest church ‘grows taller’ through charity
September 20th, 2011 - 2:07 pm ICT by IANS
Thrissur (Kerala), Sep 20 (IANS) Shrine Basilica of Our Lady of Dolours near here - billed as the tallest church in Asia at 260 ft - has decided to donate ... Read more...
Posted in Uncategorized |
Gold price pushes India’s forex kitty to $320.78 bn high
September 10th, 2011 - 3:45 pm ICT by IANS
Mumbai, Sep 10 (IANS) India's foreign exchange (forex) reserves rose by $1.61 billion to hit an all-time high of $320.78 billion for the week ended Sep 2 on the back ... Read more...
Posted in Business |
Gold prices reach a record high of $1,900
August 23rd, 2011 - 7:32 pm ICT by Aishwarya Bhatt
New York, Aug 23 (THAINDIAN NEWS) The price of Gold reached a new record high when the price of the precious metal hit the $1,910 mark. Analysts say the surge in the ... Read more...
Posted in Business |
Soaring gold price dampens consumer sentiment
August 20th, 2011 - 10:01 pm ICT by IANS
New Delhi/Mumbai, Aug 20 (IANS) Soaring gold price caused by international economic concerns seem to have dampened sentiments of the domestic consumers who are being deterred by an all-time high ... Read more...
Posted in Business |
Cheer for buyers as gold prices dip on Akshaya Tritiya (Roundup)
May 6th, 2011 - 10:12 pm ICT by IANS
New Delhi, May 6 (IANS) Buyers in India were greeted by a pleasant surprise Friday as prices of gold that had been rising steadily in the past, fell by around ... Read more...
Posted in Uncategorized |
Gold prices dip an added draw to Akshaya Tritiya buyers (Lead)
May 6th, 2011 - 6:13 pm ICT by IANS
New Delhi, May 6 (IANS) Friday saw gold rush in Delhi, with buyers thronging jewellery shops after prices of the precious metal dipped by around Rs.500 per 10 gm, ... Read more...
Posted in Business |
Slip in gold prices an added incentive to buyers this Akshaya Tritiya
May 6th, 2011 - 1:43 pm ICT by IANS
New Delhi, May 6 (IANS) There was a huge rush for gold Friday, with buyers thronging jewellery shops after prices of the precious metal dipped by around Rs.500 per 10 ... Read more...
Posted in Business |
Golden returns from silver push prices to all-time high
February 27th, 2011 - 1:38 pm ICT by IANS
By Rohit Vaid
New Delhi, Feb 27 (IANS) Unrest in the Arab world has been rocking Indian stocks, taking the bottom out of key indices, but it has also led to the ... Read more...
Posted in Business |
Gold consumption up by 66 percent in 2010
February 18th, 2011 - 9:26 pm ICT by IANS
New Delhi, Feb 18 (IANS) World Gold Council's Indian chapter Friday reported that the country consumed 66 percent more of the precious metal in 2010 as compared to the previous year -- ... Read more...
Posted in Business |
Islamabad jewellers see decline in Valentine’s Day sales
February 9th, 2011 - 2:58 pm ICT by IANS
Islamabad, Feb 9 (IANS) Jewellery seems to have lost its sheen as a Valentine's Day gift of love as jewellers here are seeing a decline in sales.Youngsters rushing to find the perfect ... Read more...
Posted in South Asia |
Diamond sales pick up in Ahmedabad
December 6th, 2010 - 6:25 pm ICT by ANI
Ahmedabad, Dec.6 (ANI): Diamond jewellers in Gujarat's Ahmedabad city are doing a brisk business following the wedding season across the country.Manoj Soni, a jewellery shop owner, attributed the trend of preferring diamond ... Read more...
Posted in Business |
Forex reserves up by $2.56 billion on gold revaluation
November 6th, 2010 - 6:07 pm ICT by IANS
Mumbai, Nov 6 (IANS) India's foreign exchange (forex) reserves increased by $2.56 billion during the week ended Oct 29, to reach a total of $297.95 billion, partly on account of a jump ... Read more...
Posted in Business |
Chinese pearls high in demand in Hyderabad markets
October 24th, 2010 - 9:33 pm ICT by ANI
By Ranjeet JadhavHyderabad, Oct.24 (ANI): Hyderabad, the capital city of Andhra Pradesh is often referred as the 'City of Pearls' since it boasts of having the largest pearl market in the country.Of ... Read more...
Posted in Feature |
Athletes take home saris, ‘very cheap’ gold, cell phones
October 16th, 2010 - 2:33 pm ICT by IANS
By Robin Bansal
New Delhi, Oct 16 (IANS) They are flying back home with fond memories of the Commonwealth Games, and what are they taking for their families and friends? Going by the ... Read more...
Posted in Uncategorized |
High gold prices fail to deter buyers ahead of festive season
October 14th, 2010 - 7:28 pm ICT by ANI
By Uday Adhvaryu/Juhan Samuel/Ajitha MenonAhmedabad/ Kolkata/ Kochi, Oct.14 (ANI): Rising gold prices have no impact over the buyers ahead of the upcoming festive season of Dussera, Diwali and X'mas across the country.According ... Read more...
Posted in Business |
Gold prices cross 20K mark
October 13th, 2010 - 10:28 pm ICT by IANS
Mumbai, Oct 13 (IANS) For the first time ever, gold crossed the psychological barrier of Rs.20,000 per tola (10 grams) Wednesday evening and trends indicated a further rise.According to industry sources, ... Read more...
Posted in Business |
Gold prices rise to $1,285 an ounce
September 22nd, 2010 - 1:47 am ICT by Aishwarya Bhatt
Sep 21 (THAINDIAN NEWS) Gold prices keep pushing through the roof. The mineral sold for as much as $1,285.20 an ounce on Monday’s trading.Gold’s strong drive is as a result of the ... Read more...
Posted in Business |
High Gold Prices Result In Muted Demand Across India
September 16th, 2010 - 7:18 pm ICT by Pen Men At Work
September 16, 2010 (Pen Men at Work): India, the largest consumer of gold witnessed muted buying as the prices hovered around a record high on Thursday. Most of the consumers ... Read more...
Posted in Business |
Gold Prices Soaring, But It May Plunge Soon
September 16th, 2010 - 6:54 pm ICT by GD
By Ranjan Bhaduri
Sep 16, (THAINDIAN NEWS) GFMS - the independent metals research consultancy based in London has said that the price of Gold may touch $1,300 per ounce within this calender year. ... Read more...
Posted in Business |
Gold may surge to Rs.22,000 per 10 grams by year-end
September 12th, 2010 - 2:33 pm ICT by IANS
New Delhi, Sep 12 (IANS) Gold price may surge to a record Rs.22,000 per 10 grams by the end of this year as uncertainty in the US and European economies forces investors ... Read more...
Posted in Business |
Titan eyes 7-8 percent jewellery market share by 2015
June 2nd, 2010 - 7:52 pm ICT by IANS
Kolkata, June 2 (IANS) Titan Industries is targeting a seven-eight percent share of the gold jewellery market by 2015, a top official of the Tata group company said here Wednesday.
"We are targeting ... Read more...
Posted in Business |