"Consumption remained buoyant, supported by higher realisations amid sustained gold price increases, a higher number of auspicious days, and a gradual shift from unorganised to organised trade following the sharp 900 basis points (bps) cut in gold import duty," said Srikumar Krishnamurthy, senior vice president & co-group head, corporate ratings, ICRA.
The FY25 Union Budget had reduced the import duty on gold from 15% to 6%, significantly boosting organised players.
Bu hikaye Financial Express Delhi dergisinin January 08, 2025 sayısından alınmıştır.
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Bu hikaye Financial Express Delhi dergisinin January 08, 2025 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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