India's largest jewelry retailer expects a brief business slowdown
Golden Ten Data reported on May 12 that India's largest jeweler, Titan Company Limited, stated that if the Indian government takes any measures to restrict gold purchases, there may be a temporary slowdown in demand. Titan's Chief Financial Officer, Ashok Soota, said that in the next three to four months, Titan's gold supply should not face any issues. He also stated that in the long run, local demand will remain resilient.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Anthropic's Path to the Public Markets Just Got 2 New Developments
WLD’s 15% price surge follows World Network’s launch of ‘World Money’ Super App
In the coming month, you will see bitcoin prices starting with '10', or even double eleven!
Meta (META.US) data center's first high-yield bond is oversubscribed more than four times, strong demand drives premium issuance
The first junk bond issuance by the data center division of Meta Platforms attracted demand over four times the transaction size, with its enticing yields drawing in investors.
Crypto prices
More
