The Supreme Court Monday directed RBI to communicate its decision on the representation over banks delaying passing on the benefit of lower interest rates to those who have taken loans at floating interest rates. A bench of Chief Justice Ranjan Gogoi and Justices S K Kaul and K M Joseph asked RBI to communicate within six weeks … Read More →
At a century-old workshop in a quiet Tokyo neighbourhood, craftsman Yuichi Hirose brushes dye across meticulously hand-cut stencils laid on fabric, using a traditional technique to produce contemporary kimono patterns. Demand for the elaborate, elegant centrepiece of the Japanese wardrobe is in decline, but a handful of artisans and entrepreneurs like Hirose, 39, are trying … Read More →
There has been a skirmish around Nathella Sampath Jewellery repaying the customers of its gold saving schemes. One way in which investors in the gold scheme could have skirted trouble was by looking at the company’s credit rating. Most banks insist that companies get a credit rating before they lend to them. In October 2016, … Read More →
New Delhi, Oct 12 (KNN) With the festive season round the corner, the gems and jewellery sector comprising of a fair share of the Micro, Small and Medium Enterprises (MSMEs) are not able to fetch the business it used to fetch in the previous years, All India Gems & Jewellery Trade Federation (GJF) informed. Talking to … Read More →
Diamonds may be a girl’s best friend but for budget-conscious ring-bearers, the preferred material might be platinum. According to Platinum Guild International, the low platinum price in 2016 had retailers stocking up on the precious metal, with Indians and Americans the most likely to put a platinum ring on it. In India platinum demand soared 11.4%, … Read More →