Business Standard

Jewellery exporters gain on proposed rule relaxation

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Reuters

Reuters Market Eye - Shares in gold companies are trading higher

India will announce changes as early as this week to a rule mandating star trading houses export 100 percent of gold imports - source to Reuters.

The proposed changes will give companies more flexibility amid global price fluctuations - traders say.

Titan Co Ltd gains 2.5 percent, Gitanjali Gems Ltd surges 7.98 percent and Tribhovandas Bhimji Zaveri is up 4.1 percent.

(Reporting by Indulal PM)

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First Published: Dec 10 2014 | 2:18 PM IST

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