A sales woman arranges bangles at a jewellery showroom in Kolkata, India. File/Reuters
India’s gold demand in 2020 is expected to fall to the lowest level in 26 years with domestic bullion prices hitting a record high and as falling disposable incomes could curtail retail purchases, the World Gold Council (WGC) said on Thursday.
The industry was hit twice because of the coronavirus, with export orders evaporating and then a shortage of workers caused by a national lockdown to stop the spread of the virus.
India’s silver imports are likely to fall by more than 40 per cent from a year ago to the lowest level in eight years, with investors booking profit by selling stocks after local prices rallied to a record high this month, leading importers said.
The committee, which presented him with the "Outstanding European CEO Achiever of the Year" award, was keen to point out that his "exceptional leadership, strategic vision, and dedication to excellence have marked him as a standout CEO in the business landscape".
This initiative and achievement demonstrate ADA and Leonardo’s capability and active commitment in reducing the impact that aviation has on global carbon emissions.
Expanding its global footprint, Havells Partners with TeknoDome to roll out Lloyd’s range.
The CEO of Masdar said that Masdar has contributed significantly to achieving the country’s goals in the field of renewable energy and has played a pivotal role in diversifying the UAE’s portfolio of renewable energy..