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Tag: clarity

Rajoy demands clarity from Catalan leader

Rajoy demands clarity from Catalan leader

World
Spain's Prime Minister Rajoy says he has asked Catalan leader to confirm whether or not he has declared independenceThis breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest version.You can receive Breaking News on a smartphone or tablet via the BBC News App. You can also follow @BBCBreaking on Twitter to get the latest alerts.Let's block ads! (Why?) BBC News - World
Nominated banks not taking fresh orders for gold imports till GST clarity emerges on July 1

Nominated banks not taking fresh orders for gold imports till GST clarity emerges on July 1

Finance
MUMBAI: The $ 5 an ounce discount in the gold market has reduced sharply as bullion banks have stopped importing on consignment basis until clarity emerges on GST treatment over such imports, claimed a Kolkata based bullion dealer. "Banks prefer to wait and see until after July 1 when GST kicks in," said Harshad Ajmera, Kolkata based bullion dealer. "Till then they are not taking any fresh orders." Banks have represented "issues" that "merit clarity" through various industry bodies like India Bullion & Jewellers Association (IBJA) to the government, said Shekhar Bhandari, business head , global transactions banking and precious metals, Kotak Mahindra Bank . However, temporary stoppage of fresh imports has not created a supply crunch as the monsoon season is traditionally a low dem...