Thursday, May 30 2024 | Time 19:30 Hrs(IST)
image
Business Economy


Gold industry has a great potential to create jobs: Rajaraman

New Delhi, Feb 9 (UNI) Gold industry has a great potential to create jobs and contribute towards economic growth, Mr K Rajaraman, Additional Secretary, Department of Economic Affairs said on Saturday.
''As gold industry has a great potential to create jobs and contribute towards economic growth, a sound policy framework that is systematic in structure is required.
A systematic gold policy framework will align the interest of different stake holders with the objectives of policy,'' he said during the inaugural session of the Conference on Gold and Gold Markets 2019, organised by the India Gold Policy Centre (IGPC) of the Indian Institute of Management - Ahmedabad (IIMA) here.
He emphasised on the need for more research on consumer behaviour related to gold, as well as on product design, spot exchange and how banks could include Gold in their options.
Also present on the dais were Mr P R Somasundaram, MD, World Gold Council India; Prof Arvind
Sahay, Professor of Marketing and International Business and Chairperson of IGPC; and Mr Brian M Lucey, Professor of International Finance and Commodities, Trinity College Dublin.
Earlier, Prof Sahay welcomed the gathering, describing the event as ''a forum that IGPC would
like to develop as the forum for research based insight on gold in India. That brings to gather
academia and industry.''
This was the institute's second conference on policy-relevant research on gold-related topics
and focused on a wide spectrum of topics that ranged from household motives to invest in the
precious metal to macroeconomic policy choices.
It served as a platform for meaningful interaction among academia, policy makers and other key stakeholders in the gold ecosystem.
UNI NY SHK1843
More News

Bharti Airtel appoints Sharat Sinha as CEO of Airtel Business

30 May 2024 | 7:05 PM

Kolkata, May 30 (UNI) Bharti Airtel (Airtel) has appointed Sharat Sinha as the CEO of Airtel Business effective June 03, 2024.

see more..

NEWME launches largest retail store in Hyderabad

30 May 2024 | 6:55 PM

Hyderabad, May 30 (UNI) NEWME, one of India’s leading fashion-tech brands for Gen Z women, on Thursday announced it has launched its largest retail store in India at Sarath City Mall in Hitech City, on the outskirts of the city.

see more..

NRAI constitutes special task force to implement FSSAI standards across all Restaurants in Hyderabad

30 May 2024 | 6:37 PM

Hyderabad, May 30 (UNI) After the recent issue of highlighting the violations of norms by F&B establishments in the city by the Food Safety Department, NRAI( National Restaurant Association of India) Hyderabad Chapter, the foremost Restaurant Body of the country, has immediately taken effective steps of redressal and constituted a special NRAI Food Safety Task Force recently.

see more..

Creamline Dairy Products launches Godrej My farm, fresh milk in Hyderabad

30 May 2024 | 6:30 PM

Hyderabad, May 30 (UNI) Creamline Dairy Products, a subsidiary of Godrej Agrovet (GAVL), which sells products under the brand name Godrej Jersey, has launched ‘Godrej My Farm Milk’, a premium milk straight from Godrej’s farm to consumers’ doorsteps, here on Thursday to grab 10 – 15 percent market share in the premium milk category in the next 3- years.

see more..

Schneider Electric unveils Rs 200-cr employee campus in Bengaluru

30 May 2024 | 6:25 PM

Bengaluru, May 30 (UNI) Schneider Electric, a global leader in energy management and next-gen automation, inaugurated its largest Rs 200-crore employee campus at Bagmane Solarium City here on Thursday.

see more..
image