Feb 5 (Reuters) - Indian jeweller Titan (TITN.NS), opens new tab will likely have to pay higher interest rates to lease gold from bullion banks, which have increased shipments to the U.S. in ...

"The festive quarter brought consumer cheer," Titan said. Large jewellers have weathered a broader consumption slowdown despite high gold prices as India, the world's second-biggest gold consumer ...

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The company said that profitability was impacted by the change in custom duty on gold. CK Venkataraman, Managing Director, Titan Company, said, “The custom duty related losses on the inventory ...

Titan may face higher interest rates for leasing gold as bullion banks redirect supply to the U.S. due to high premiums on gold futures. This shift is causing a supply crunch and fluid interest rates.

(Reuters) - Indian jeweller Titan will likely have to pay higher interest rates to lease gold from bullion banks, which have increased shipments to the U.S. in search of bigger profits, tightening ...