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BusinessToday.In
New Delhi, May 3, 2018
Cambridge Analytica and British parent shut down after Facebook scandalCambridge Analytica, the firm embroiled in a controversy over its handling of Facebook Inc user data, and its British parent SCL Elections Ltd, are shutting down immediately after suffering a sharp drop in business, the company said on Wednesday. The company will begin bankruptcy proceedings, it said, after losing clients and facing mounting legal fees resulting from the scandal over reports the company harvest...


BusinessToday.in
New Delhi, January 19, 2018
FIU, is the central national agency responsible for receiving, processing, analyzing and disseminating information relating to suspect financial transactions to enforcement agencies.


PB Jayakumar
New Delhi, December 28, 2017
While diamond exports gained, jewellery sales in India lost its sheen towards end of the year, in the backdrop of policy reforms and efforts to bring more transparency in business.


Tejeesh N S Behl
New Delhi, December 15, 2017
Kerala's brides come laden with most amount of gold, almost twice as much as a Gujarati bride, in a market that is dominated by regional, rather than religious influences as Indians maintain their fondness for the precious metal.


PB Jayakumar
New Delhi, December 10, 2017
Though it is used as jewellery or for investment purposes, gold has many technology applications


PB Jayakumar
New Delhi, November 9, 2017
The recently introduced Goods & Services Tax (GST) and measures like anti-money laundering legislation (AML) around jewellery retail transactions deterred Indian gold buyers in the third quarter of 2017.


BT Online
New Delhi, November 9, 2017
The demand for gold jewellery in India has fallen by 25% year-on-year to 114.9 tonnes in the third quarter of 2017.


P.B. Jayakumar and Nevin John
Delhi, August 23, 2017
Gold sales spiked in the run-up to the implementation of the Goods and Services Tax. But the trend is unlikely to continue.


Mail Today Bureau
New Delhi, August 4, 2017
The demand for gold in India jumped by 37 per cent to 167.4 tonnes during the April-June quarter of 2017.


PB Jayakumar
New Delhi, August 3, 2017
Demand for gold in India during this period was 167.4 tonnes, 37 percent higher than compared to the overall demand for same period a year ago.


Reuters
New Delhi, August 3, 2017
India's gold imports will likely drop in the second-half of the year from the first six months after jewellers rushed to stock up ahead of new taxes introduced on July 1, the World Gold Council (WGC) said on Thursday.


BT Online
New Delhi, June 11, 2017
Finance Minister Arun Jaitley today said that the rates of 66 items have been reduced after the 16th GST Council meeting in New Delhi.


PTI
June 8, 2017
Even as consumers will face a slightly higher tax rate in gold after the Goods and Services Tax (GST) is rolled out this July, the overall impact on the gold industry will be positive, World Gold Council today said.


BT Online
New Delhi, June 8, 2017
Meanwhile, World Gold Council termed GST's impact on India's gold market as disruptive in short-term but beneficial as time goes by. Jaitley calls MPs/MLAs to spread awareness about the tax regime.


Reuters
February 3, 2017
Gold demand in India will be muted this year after dropping to multi-year lows in 2016, with trading dented as the government pushes to make markets for the metal more transparent and brings in a new tax, the World Gold Council (WGC) said on Friday.


PTI
Mumbai, November 8, 2016
The gold demand stood at 1,104.8 tonnes in the corresponding quarter last year, according to the WGC's 'Q3 2016 Gold Demand Trends' report.


Reuters
August 23, 2016
Gold importing banks and big jewellers have also been hit by the growing entry of illicit gold, which avoids import duties and makes its way on to the so-called \"grey market\" where it is sold to end-users at a discount.


Naveen Mathur
May 17, 2016
A series of unexpected events across the world kept the global markets volatile.


Reuters
Mumbai, May 12, 2016
Stronger demand from the world's second-biggest gold consumer could further support the global bullion price, which has risen nearly a fifth so far in 2016.


PTI
New Delhi, May 12, 2016
Gold demand in India declined by 39 per cent during the first quarter of this year at 116.5 tonnes due to jewellers' strike over re-introduction of excise duty that affected the wedding purchase segment, says a report.


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