Somasundaram

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11d
Business Standard India
India's gold demand down 24% in September quarter as GST levy, PMLA bitequarter. This is also underpinned by the faster growth in imports ahead of dema
Business Standard India / Posted 11 days ago
quarter. This is also underpinned by the faster growth in imports ahead of demand and price factors in the market," said Somasundaram PR, Managing Director (India), World Gold Council. Along with jewellery, India's investment demand for gold... Read more
12d
asianage
Gold demand in India seen falling to lowest in 8 years in 2017: WCGgold behind China. Indian demand is likely to be around 650 tonnes in 2017, co
asianage / Posted 12 days ago
gold behind China. Indian demand is likely to be around 650 tonnes in 2017, compared to a 10-year average of 845 tonnes, Somasundaram PR, Managing Director of WGC’s India operations, told Reuters. Demand was 666.1 tonnes in 2016. “In the... Read more
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12d
The Hindu
India’s Q3 gold demand drops 24% to 145.9 tonnes: WGCnewly introduced GST and AML around jewellery retail transactions deterred gold
The Hindu / Posted 12 days ago
newly introduced GST and AML around jewellery retail transactions deterred gold buyers,” WGC’s managing director, India, Somasundaram PR said. He said after three consecutive quarters of growth, the jewellery demand fell by 25 %, and that of... Read more
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14d
Canberra Times
Australian sharemarket breaks through 6000 for first time since 2008although 6,000 is a psychological level, it is defined mainly by the valuations
Canberra Times / Posted 14 days ago
although 6,000 is a psychological level, it is defined mainly by the valuations, which are quite stretched," said Mathan Somasundaram, market portfolio strategist at Blue Ocean Equities. The positive start was expected after the lead from Wall... Read more
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16d
Decclan Chronicle
In the quest for a global appealfor Tamil cinema to expand its market. Director Rathindran, whose upcoming fil
Decclan Chronicle / Posted 16 days ago
for Tamil cinema to expand its market. Director Rathindran, whose upcoming film IVSK, which stars Ashwin Kakumanu and Guru Somasundaram from Kollywood, Bollywood actor Abhay Deol and British actor and stunt master Greg Burridge, states that right... Read more
28d
asianage
Gold jewellery biz may lose shine this Dhanteras due to GSTpeople will go for light weight or essential jewellery, he said. World Gold Co
asianage / Posted 28 days ago
people will go for light weight or essential jewellery, he said. World Gold Council Managing Director, India, Somasundaram PR said the industry is bracing for the festive season and the trend is looking better than the first... Read more

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