Indian exporters are said to be exporting gold jewellery with minimum value addition to get a higher gold import quota for domestic market after imports linked to exports under the 80:20 rule.
In order to contain current account deficit, the Reserve Bank last month imposed restrictions on gold imports by banks and other authorised agencies.
The government's ambitious gold deposit scheme can succeed only if depositors are paid a higher interest rate.
Major rival parties in poll-bound Madhya Pradesh are literally waging a 'war of words' by coining meanings to alphabets to highlight issues of corruption allegedly linked to each other.
Virtual currencies don't have any intrinsic value and are not backed by any kind of assets.
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Silver followed suit and traded higher by Rs 200 at Rs 34,200/kg.
Bank notes of Rs 1, 2 and 5 continue to be legal tender, though these denominations have been coinised and their printing has been discontinued.
National Housing Bank, the refinancing and regulatory authority of housing finance companies in India, is of the opinion that reverse mortgage would fall under the tax bracket unless the government clarifies on exempting reverse mortgage.
With a sole mandate of inflation targeting, RBI wears many hats.
Modi said there was a need to make transactions 'transparent' in India.
In 1989 when Bajaj came out with their legendary and elegant Hamara Bajaj campaign, that looked more at apna India, rather than the scooter, and at all hues of scootered Indians, it drew millions of eyeballs and was brilliantly successful.
Laal Kaptaan deserves a watch just for Saif's spunk, raves Prasanna D Zore.
Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.
'Chand Chhupa Badal Mein were originally written for a film that Ram Gopal Varmaji was directing.' 'One day he said, "Mehboob, the lyrics that you have written are really beautiful, but the hero of my film is a goon. He cannot sing such beautiful lyrics".'
Silver also fell further by Rs 150 to Rs 34,200 per kg.
The Reserve Bank of India on Monday moved on Monday to tighten gold imports again in an attempt to rein-in a record high current account deficit by taming demand for the yellow metal.
Silver coins, however, held unchanged at Rs 70,000.
This may free up resources for productive or lending purposes.
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The AIADMK's staying power is not in question, but it has to regain the winning streak. That will require its leaders and leadership to re-wire themselves, to be able to re-think situations in ways different from what they had been accustomed to, suggests Sathiya Moorthy.
'I reached Bhopal the day after the gas tragedy; the smell was still in the air. It was a professional hazard but I was not scared.'
The gold market has remained under pressure.
Marketmen said the persistent fall in gold prices to increased selling by selling after the Reserve Bank eased curbs on import of the yellow metal, allowing select trading houses, in addition to already permitted banks, to procure the precious metal to boost exports.
Jewelers also want import duty on gold to be reduced from the current 10 per cent to at least 5 per cent.
India's first monetary museum will be opened to public from January 1 to showcase country's heritage that traces the evolution of currency.
'Jai Jai Kisan Mazdoor Congress' will play an active role in assembly elections in Haryana, Bihar and Jharkhand.
Silver was also up by 1.63 per cent to $15.92 an ounce.
For easy and wide access, the government plans to market the bond through post offices and various brokers.
News of all that transpired on and off the football field.
Last year, Nikhil Kamath and his brother Nithin jettisoned into a club of the country's 100 wealthiest with their net worth pegged at around Rs 24,000 crore
The richest Hindu temple in the world could soon come to the rescue of Prime Minister Narendra Modi's plan to recycle tonnes of idle gold and cut economy-hurting imports.
Prime Minister Narendra Modi launched a scheme to tap a pool of over 20,000 tonnes of gold held by households and temples.
Though valuations have moderated, they are still above average.
Gold and silver imports declined 80.55 per cent to $1.05 billion in November after a slew of measures taken by the government to curb inbound shipments of the metal, aimed at narrowing the current account deficit.
Addressing a rally in Suratgarh town of Ganganagar district, a day after declaring his party would roll out the scheme if voted to power, Gandhi alleged that Prime Minster Narendra Modi gave money to the rich and top industrialists of the country, but the Congress would serve the poor.
