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The Union Minister of Commerce & Industries Piyush Goyal said that the duty cut on gold from 15 to 6 per cent has boosted the domestic demand for gold. He also urged Indian-origin global brands to promote the country’s tourism potential outside through their overseas showrooms, which would give a big boost to the domestic tourism industry. In August India's gold imports were a record-breaking US$ 10.
1 billion, which was more than triple the previous month and double the previous year. The volume of imports was estimated to be around 140 tonnes. Even though the gold prices are on a northward journey, the demand remains strong for the yellow metal.
The minister said this while speaking at a function in Mumbai to inaugurate Malabar Group ’s National Scholarship Programme for girl children for which the company has earmarked Rs 16 crore from its CSR fund this fiscal year. Almost 21,000 girls will benefit from this scheme, according to a media release issued by the company. Speaking about the initiative, MP Ahammed, Chairman, Malabar Group, said, “Education is the most powerful tool to change the world.
Our scholarship programme envisages Malabar Group’s belief that education unlocks opportunities and transforms lives. We want to remove barriers for young girls so they can fulfil their educational aspirations and contribute meaningfully to society.” Since its inception, Malabar Group has demonstrated a inclusive growth through its social welfare activities.
In 1999, the Malabar Charitable Trust (MCT) was created to structure and expand these efforts. The group allocates 5% of its profits to CSR initiatives , which span education, healthcare, environmental sustainability, and poverty alleviation, with a particular focus on empowering marginalized communities. Artificial Intelligence(AI) Java Programming with ChatGPT: Learn using Generative AI By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Artificial Intelligence(AI) Basics of Generative AI : Unveiling Tomorrow's Innovations By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Artificial Intelligence(AI) Generative AI for Dynamic Java Web Applications with ChatGPT By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Artificial Intelligence(AI) Mastering C++ Fundamentals with Generative AI: A Hands-On By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Artificial Intelligence(AI) Master in Python Language Quickly Using the ChatGPT Open AI By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Office Productivity Zero to Hero in Microsoft Excel: Complete Excel guide 2024 By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Astrology Vastu Shastra Course By - Sachenkumar Rai, Vastu Shashtri View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, Developer and Lead Instructor View Program Web Development A Comprehensive ASP.
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Gupta, Professor: Department of Finance and Business Economics, University of Delhi View Program Malabar Gold & Diamonds is set to launch 20 new showrooms in October as part of its ambitious global expansion strategy. These new locations will bolster the brand's presence in key markets across India, the GCC countries, and the USA, bringing the total number of showrooms worldwide to 375. Currently, Malabar Gold & Diamonds operates 355 showrooms across 13 countries.
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