இந்திய அஞ்சல் துறை அட்சய திருதியையை முன்னிட்டு ஆறு சதவிகித தள்ளுபடி வழங்குகிறது . அது குறித்து பிசினஸ் லைன் பத்திரிகையில் வந்த செய்தியை கீழே படிக்கவும்
India
Post's gold offer for Akshaya Tritiya
India Post is offering 6 per cent rebate on gold coins of various
denominations this Akshaya Tritiya, according to the Chief Postmaster
General, Andhra Pradesh Circle. Buying gold is an important aspect of the
festival that is on April 24 this year. The festival offer will be available at
designated post offices across Andhra Pradesh on gold coins of 0.5 g, 8 g, 10
g, 20 g and 50 g of 24 carat and 99.99 per cent purity, a press release said.
India Post, in association with the World Gold Council and Reliance
Money Infrastructure Ltd, began selling gold coins made by Switzerland's
Valcambi in 2008. At present, gold coins are available at more than 800 post
offices across the country.
மேலும் மினி வெப் என்ற தளத்தில் வந்த செய்தியையும் தந்துள்ளோம்
India's post offices to sell discounted gold coins as festival nears
With the post offices in India
focussing on sales of low-end denominated gold coins, the yellow metal
continues to gain acceptance in far-flung areas as an investment vehicle.
Author:
Shivom Seth
MUMBAI (MINEWEB) -
India Post,
the Indian government's postal department, is offering a 6% rebate on gold coins
of various denominations for the forthcoming Akshaya Tritiya festival, which is
one of the biggest gold buying festivals in the country. At present, gold coins
are available at more than 800 post offices across India.
The rebate
will ensure that even the most weary customer steps out to buy gold from the
nearest post office. In 2010-11, gold coins worth 52 kilograms were sold at
post offices across the country.
The word
`Akshaya' means imperishable or eternal. Initiations made or valuables bought
on this day are considered to bring success or good fortune. Buying gold is a
popular activity on Akshaya Tritiya in India, as it is the ultimate symbol of
wealth and prosperity.
For small
investors, the post office is an attractive option. Small investors tend to buy
gold coins from the post office since the department focusses on low-end
denominations like 0.5 gram, 1 gram, 5 gram and 8 gram. Traders said high sales
were a sign that the yellow metal was gaining acceptance as an ideal investment
in the world's biggest gold consuming nation.
Several
jewellery houses across the country are also advertising heavily to bring in
wary customers, since most of them have kept away from the gold market given
the high price of the yellow metal.
To celebrate
the festival of prosperity and good fortune, Tanishq, India's largest jewellery
brand, is to offer a free gold coin with every jewellery purchase. For purchase
of diamond jewellery worth $3,882 (Rs 200,000) and above, customers can also
avail themselves of a flat 10% discount.
Commenting
on the season special, Sandeep Kulhalli, vice president, Tanishq said,
``Purchasing gold for Akshaya Tritiya is believed to bring about success and
wealth. In sync with this joyous occasion, we have attractive discount offers
that provide an opportunity to our customers to own exclusive Tanishq jewellery
at better rates.''
This year,
the festival is to commence on April 24. Buying gold is an important aspect of
the festival. The postal service is offering the rebate on gold coins of various
denominations of 0.5 gram, 8 gram, 10 gram, 20 gram and 50 gram of 24 carat
with 99.99% purity.
India Post,
in association with the World Gold Council and Reliance Money Infrastructure,
began selling gold coins made by Switzerland's Valcambi way back in 2008.
Around half a tonne of gold was sold to over 55,000 customers in the initial
two years.
According to
the statistics provided by the postal department, the sale of gold coins has
turned out to be a popular investment tool amongst small villagers. The state
of Gujarat ranks fifth, while sales in Tamil Nadu and Kerala in the south have
always been the highest.
Jewellers
maintained that 25% uptick in gold business was expected this Akshaya Tritiya.
``The consumer mood is upbeat despite the ruling high price. We expect sales to
be 25% higher,'' said the All India Gems and Jewellery Trade Federation
chairman Bachhraj Bamalwa.
He added
that though jewellers add new stocks during the Akshaya Tritiya festival,
``this year we are not building any new inventory till the government takes
some positive steps and rolls back the hike in excise duty and customs duty
proposed in the budget.''
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