In Surat, the Airport Authority of India (AAI) plans to set up a strong room facility for valuable cargo like diamonds, gems and jewellery and gold at the city's airport. The diamantaires have been demanding international air connectivity and cargo handling facilities at Surat airport for the past few years.
Tag: jewellery
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RBI tells banks to restrict financing of gold purchases
The Reserve Bank of India has asked banks in the country to restrict financing of purchases of gold in the form of bullion, jewellery and coins or units of exchange traded funds, in the latest of the measure to restrict gold imports to counter ballooning fiscal deficit.