Government Crackdown on the Black Market

Until early this month, Indian Jewellers expected the conventional surge sought after from the Hindu celebration of lights in October to be quieted.

The gold business was attempting to rise up out of a droop in deals caused by government crackdown on the black market and endeavors to increment money related straightforwardness. In August, diamond setters were managed a crisp pass up a choice to bring them under the Prevention of Money Laundering Act—a move they compared to being sectioned with those offering arms and ammunition

 

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