The syndicate used "stooge" bank accounts and shell companies to transfer the largest amount linked to a single case recorded in the city, the Customs and Excise Department of Hong Kong said.
Prime Minister Narendra Modi, who is in the United States for a three-day state visit, has gifted an eco-friendly lab-grown 7.5 carat diamond, placed in Kashmir's exquisite Papier mache box, to First Lady Jill Biden.
'I have attended many trailer launches, and stood on this stage many times, but today, I'm very emotional.'
As Ayodhya readies itself for the glittering, much-awaited consecration ceremony of the Ram Mandir on January 22, and as millions of pilgrims and devotees pour into the holy city for the momentous event, companies are rushing to do their bit and be a part of the mega celebrations. Some are offering a part of their profits as donations, telcos are beefing up the number of cellular towers to ensure better connectivity, and there are those distributing jalebis and food platters.
'The deal pipeline across products is robust for 2024.'
Some Twitter users were serious in their demand for the return of the Kohinoor diamond, while others had a humorous take on the issue.
Mergers and acquisitions (M&As) in India are expected to stay buoyant, seen over the last three-four years, despite a slowdown in the first seven months of the calendar year. "M&A is a lumpy business activity, and we may suddenly see large deals taking place during the next two quarters of the calendar year. "This would help maintain the streak of strong M&A activity.
The death of Britain's longest-reigning monarch, Queen Elizabeth II, reignited the demand in India to bring back the Kohinoor.
Dimple Yadav, Samajwadi Party leader and its candidate in the Mainpuri Lok Sabha bypoll, has declared movable and immovable assets worth over Rs 14 crore.
Consumers have to watch out for four marks on hallmarked gold jewellery: BIS mark, purity in carat, assay centre's name and jewellers' identification mark.
The auspicious day of Akshaya Tritiya has begun on a strong note as jewellers are witnessing good footfalls and being a public holiday on Tuesday, consumers are flocking to the stores early before the temperature soars. "Jewellers across the country have opened their stores early across the country and there is a strong momentum in footfalls since morning. "There has been positive sentiment in the market since the last 10-15 days and we expect it to continue on the day of Akshaya Tritiya.
Prime Minister Modi gave President Biden the unique sandalwood box sourced from Mysore with intricately carved flora and fauna patterns and handcrafted by a master craftsman from Jaipur during an intimate dinner at the White House on Wednesday.
Don't expect the synthetic stones to surpass natural ones anytime soon because the world's biggest miners of diamonds aren't looking to get into man-made diamonds.
The controversial colonial-era Kohinoor diamond claimed by India is to be cast as a symbol of conquest as part of a new display of Britain's Crown Jewels at the Tower of London set to open to the public in May.
So far, rough diamonds mined from the Panna mines in Madhya Pradesh were auctioned online but displayed only at Panna.
An unusually large pink diamond sold for a record-breaking $50 million (Rs 361 crore) on Tuesday at Christie's auction house in Geneva. Christie's said renowned jeweller Harry Winston was the buyer, saying it was a new world record price per carat for a pink diamond.
Robbers made off with priceless jewels from a state museum in Dresden on Monday in what German media described as the biggest art heist since World War Two. The thieves broke into the Green Vault at Dresden's Royal Palace -- home to around 4,000 precious objects of ivory, gold, silver and jewels -- at dawn after a power cut deactivated the alarm. The stolen items included brilliant-cut diamonds that belonged to a collection of jewellery of 18th-century Saxony ruler Augustus the Strong. Here are some of the items thus far confirmed as stolen by the Saxony police.
Shree Jagannath Sena, a Puri-based outfit, submitted a memorandum to the President, seeking her intervention to facilitate the process of bringing back the Kohinoor diamond to the 12th-century shrine.
The jewel-encrusted Topkapi dagger and the enormous Spoonmaker's Diamond set amongst two more rows of diamonds were truly gape-worthy!, Letika Saran tells us after a fascinating encounter with Istanbul.
Speaking at length about the last two decades of Modi's political journey, Singh said, "A true leadership is identified by its intent and integrity and in both cases, Modiji is 24-carat gold. There is not a single stain of corruption on him even after being the head of a government for 20 years."
When Jaipur's Maharaja Madho Singh was invited to attend King Edward VII's coronation in 1902, he chartered a ship for Rs 15 lakh for the journey. He also carried 27,000 litres of Ganga jal on board. Prakash Bhandari recalls the maharaja's voyage to attend a British monarch's coronation on a day when Charles III will be crowned king at Westminster Abbey.
'Tis the season to be jolly! But for one hotel in Spain, it's also the season to be extravagant, ostentatious and over the top. The Kempinski Hotel Bahia, near Marbella, Spain has put up a Christmas tree adorned with diamond-encrusted decorations and upcycled jewellery from Bulgari and Cartier, making it possibly the world's most expensive one at $15 million.
Gold prices are struggling and are down 18 per cent from their March highs. But stock prices have fallen even more. As a result, the precious metal has begun to outperform equities - both in the domestic market and international markets. Gold prices are up 2.6 per cent in the domestic market in the current calendar year (CY22) so far, according to the World Gold Council (WGC), compared to a 1.7 per cent decline in the Sensex year-to-date (YTD).
India Bullion and Jewellers Association said, self-certification of coins by refineries contravenes the basic purpose of a certifying agency.
Gold and silver became costlier in the country following the international price rise over the expectations of negative interest rates in the US, the rising trade tensions between the US and China and the weakening of the rupee.
Diamond prices vary purely on demand and supply. You can make extraordinary returns within six months or it can even take years.
Opting for slightly lower scale in clarity, colour and carat weight can bring down the cost substantially.
Gold hallmarking is a purity certification of the precious metal and is voluntary in nature at present.
Measure to be implemented in metros first, followed by state capitals, district HQs and rest of country
Dealers anticipated a sharp rise in jewellery demand this wedding season, but then came demonetisation.
Harshit Bansal, founder of Renani Jewels in Meerut, India, has broken the dazzling Guinness World Records title for the most diamonds set in one ring -- 12,638.
It costs approximately 6,00,000.
The government on Tuesday said it is fully prepared to implement mandatory hallmarking of gold jewellery and artefacts from June 1, 2021. Gold hallmarking is a purity certification of the precious metal and is voluntary in nature at present. The Centre, in November 2019, had announced that hallmarking of gold jewellery and artefacts would be made mandatory across the country from January 15, 2021.
An extraordinary 34-carat 'Princie' diamond from the mines of Golconda in South India, once owned by the world's richest man - the last Nizam of Hyderabad fetched a whopping $39 million at an auction.
While players like Paytm, MobiKwik, and PhonePe allow you to buy gold for Rs 1, Amazon Pay has kept the minimum amount at Rs 5. Digital gold is essentially an avenue for investing in physical gold.
Presenting the lucky few who got a chance to wear the Fantasy Bra on the runway.
With Indian jewellery market already on the robust recovery path, the jewellers are expecting strong Diwali sales in the Dhanteras as the festive mood remains high with low Covid third wave possibility and softer gold price this season. The industry expects the trends in 2021 will be able to reach pre-covid level sales of 2019 on the back of gold price hovering at Rs 46,000-47,000 per 22 carat 10 grams gold nearly 5 per cent lower than 2020, and jump in number of weddings, a senior official of an industry body said. "Since Navratri market is showing demand. It will continue on Dhanteras also.
The figure, mentioned in his affidavit filed along with the nomination papers, is over five times the assets of his parents, which as per MP CM Nath's affidavit stood at over Rs 124 crore.
One cannot afford a watch costing millions of dollars but any information on it makes an interesting piece to read.
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