From import duty cuts to licensing reform: What gem & jewellery sector expects from Budget 2024
The GJEPC has urged govt to cut import duty on gold, silver, and platinum bars to 4%; reduction in import duty on cut and polished diamonds to 2.5%.
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Gem & jewellery exports cross ₹30,000 crore in FY23 despite volatile global markets
Growth was seen in segments like polished lab diamonds, gold jewellery, plain gold jewellery, coloured gemstones and silver.
Gold: The Safe Bet In 2023
The yellow metal had an impressive run in 2022 as it emerged as a safe haven due to rising inflation, geopolitical crisis, and recession fears. The trend is likely to continue in 2023.
Precious Metals Deliver Heavy Returns
Absolute returns generated by the asset class have been far better than equities and debt. Superior returns for precious metals are largely due to a weak rupee.
Hindustan Zinc cheers investors with dividend; stock rises 2%
The Vedanta Group company has declared its second dividend of ₹15.50 a share, or 775%, for FY23, amounting to ₹6,549.24 crore.
Hindustan Zinc Q1 profit up 56% to ₹3,093 cr on higher LME prices
The Hindustan Zinc stock rallies 1.43% to ₹283 while touching an intraday high of ₹286.75
Budget 2022: Slash zinc, lead, silver imports, says Hindustan Zinc
Regulations on the import of non-ferrous metals need to be revisited to empower the domestic market, says Hindustan Zinc CEO Arun Misra.
Why is silver creating such buzz? Naveen Mathur decodes
Naveen Mathur of Anand Rathi Shares and Stock Brokers calls silver as a trader's asset due to the volatility and dynamism it offers.
Gold, silver safe havens of investing
Investing in precious metals can hedge your portfolio as world markets go on a roller-coaster ride due to Covid-19.
Mutual funds going crazy after silver. Should you invest?
Silver is a highly cyclical product and is more volatile than gold. Experts say it can't be used as a hedge against economic uncertainties.
