New regulations on duty-free gold imports for jewellery exporters have caused shares of Senco Gold, Thangamayil, and Kalyan Jewellers to dip. The Directorate General of Foreign Trade has imposed stricter rules, including import caps and physical inspections, to curb gold imports and ensure compliance. These measures follow a recent increase in import duties.
Boeing shares rise 5% despite higher than expected Q2 loss on Air Force One costs
Boeing posted a wider-than-expected Q2 loss after a $280 million Air Force One charge, but shares rose 5% as positive free cash flow and higher