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 […]
