Mumbai: On the onset of the Union Budget for 2019-20, the gems and jewellery sector has unanimously sought a reduction of gold import duty to 4 percent to check smuggling in a big way. In a representation, the All India Gem and Jewellery Domestic Council (GJC) said the 10 percent import duty on gold was levied … Read More →
On the onset of the Union Budgetfor 2019-20, the gems and jewellery sector has unanimously sought reduction of gold import duty to 4 percent to check smuggling in a big way. In a representation, the All India Gem and Jewellery Domestic Council (GJC) said the 10 percent import duty on gold was levied to curb current … Read More →
To much relief in the gold jewellery and diamond processing industry, the goods and services tax (GST) Council slashed the applicable rate on making charges from the 18 per cent decided earlier to five per cent. While announcing the decision along with similar reduction on GST rate on various other products and services, Union … Read More →
Macy’s Inc (M.N) reported a much bigger-than-expected drop in quarterly sales and slashed its full-year forecast, underscoring U.S. department stores’ uphill struggle against slumping demand for apparel. The dismal forecast from the retailer pushed its shares down nearly 14 percent to a more than 4-year low, and also weighed on shares of rivals on Wednesday. … Read More →