Higher gold taxes could backfire again
When governments want consumers to buy less of something, they usually reach for taxes.
When governments want consumers to buy less of something, they usually reach for taxes.
India’s gold market witnessed a structural shift in the March quarter, with investment demand overtaking jewellery consumption for the first time on record, according to the World Gold Council (WGC).
The gold prices have witnessed sharp correction in the month of March as it fell as much as 12% recording the steepest fall since 2013.
Gold and silver prices eased on Monday amid a firmer US dollar and higher inflation expectations, trimming hopes of US Fed rate cuts in the near term.
Gold and silver prices eased on Thursday, amid profit booking by investors, although rise in geopolitical tensions and decline in US dollar capped the slide.
India opened their campaign with two medals (A gold and a Silver) on the opening day of the World Para…
The bronze medals came through Narinder (97kg), Neeraj ( 67kg) and Vikas ( 77kg).
The Customs officials at Rajiv Gandhi International Airport in Hyderabad have apprehended a man for allegedly attempting to smuggle in gold valued at Rs 1.18 crore by concealing it in his underwear, an official said on Sunday.
Olivia Devi Huidrom won a gold medal in the women's 44kg as India won four medals in the Cadets and Junior Asian Cup judo competition in Hong Kong on Saturday.
Afraid of being caught for stealing a diamond ring worth Rs 50 lakh, a woman working at a dental and…
