BANKING & FINANCE
RBI Signals Wait-And-Watch On Rates As Food, Fuel Inflation Clouds Outlook
Reserve Bank of India (RBI) Governor Sanjay Malhotra has indicated that the central bank will refrain from any immediate policy action despite a projected rise in headline inflation, saying there is a need for greater clarity on the inflation trajectory before recalibrating interest rates. Addressing the media after the Monetary Policy Committee (MPC) meeting, Malhotra […]
Sajan C Kumar
·
Aug 5, 2026
ECONOMY
GJEPC Holds Consultations On Gold Monetisation, CAD Reduction Ways
Gem & Jewellery Export Promotion Council (GJEPC) is leading industry-wide consultations to formulate recommendations on gold monetisation and measures to reduce India’s current account deficit (CAD), following initial discussions on precious metals convened by the Ministry of Commerce & Industry. The consultations are being carried out in coordination with All India Gem and Jewellery Domestic […]
CW Bureau
·
May 25, 2026
RETAIL/FMCG
Higher Gold Duty May Impact Demand, Says Thangamayil Jewellery
Thangamayil Jewellery Ltd said the Centre’s move to increase import duty on gold and silver from 6% to 15%, coupled with the Prime Minister’s recent appeal urging the public to defer gold jewellery purchases to reduce the current account deficit, could impact jewellery demand in the coming months. The retail jeweller, however, noted that customers […]
CW Bureau
·
May 17, 2026