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    80:20 Scheme

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    • Which companies profiteered from UPA's 80:20 scheme? CAG report bares all

      Which companies profiteered from UPA's 80:20 scheme? CAG report bares all

      The UPA government had selected 13 companies in 2013 to import gold and sell in the domestic markets. These companies sold the gold at premium prices.

    • One-time facility for exporters to claim replenishment of gold

      One-time facility for exporters to claim replenishment of gold

      Commerce Ministry today said a one-time facility would be provided to exporters to claim replenishment of gold for exports made under the 80:20 scheme.

    • Union Budget 2015: FM says to introduce India-made gold coins, gold bonds

      Union Budget 2015: FM says to introduce India-made gold coins, gold bonds

      In a bid to further cut down on imported gold, Finance Minister Arun Jaitley said the government will introduce India-made gold coins. These will be branded with Ashok Chakras, Finance Minister Arun Jaitley said today.

    • Jewellery stocks jump after govt scraps 80:20 rule

      Jewellery stocks jump after govt scraps 80:20 rule

      In early Mumbai trading, Shree Ganesh Jewellery and Gitanjali Gems were up 20 percent, locked in upper circuit filter, while Tribhovandas Bhimji Zaveri, Tara Jewels and PC Jeweller surged 7.9 percent to 13.9 percent.

    • See improvement in jewellery biz & balance sheet: Titan

      See improvement in jewellery biz & balance sheet: Titan

      The scrapping of export rule is very positive for the industry and would now reduce the arbitrage opportunity for smugglers, says R S Subramaniam, CFO, Titan.

    • Domestic retail margins of 18.5% sustainable: PC Jeweller

      Domestic retail margins of 18.5% sustainable: PC Jeweller

      Discussing the earnings, Sanjeev Bhatia, President - Finance, PC Jeweller, said that variation in exports is normal for the company.

    • Gold imports: FinMin, RBI to review 80:20 scheme

      Gold imports: FinMin, RBI to review 80:20 scheme

      The meeting is being held on the backdrop of a spike in gold imports due to festive season.

    • RBI tightens gold import norms under 80:20 scheme

      RBI tightens gold import norms under 80:20 scheme

      Seeking to restrict gold imports, the Reserve Bank today said nominated banks and agencies will not be allowed to import the precious metal in excess of their entitlements in first or second lot under the 80:20 scheme.

    • Realtors hope to clear inventory on freebies, festive sales

      Realtors hope to clear inventory on freebies, festive sales

      Realty developers are hopeful of clearing a large portion of their inventory pile-up during this festive season by luring in buyers with freebies and discounts, even as they sit tight on declared prices, said industry experts.

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