The company, which is bullish on its growth prospects, plans to double the gold coin sales from the current 1,000 kg by the end of the current financial year.
He later hands it over to authorities, who now wait for the Archaeological Survey of India ASI to take custody. Rachna Parmar reports.
The life insurance industry does not have a good track record when it comes to passing on tax benefits to policyholders, points out Harsh Roongta.
The world's first gold vending machine unveiled at Abu Dhabi's Emirates Palace hotel, began attracting customers minutes after it was opened.
The first production run will be for 50,000 pieces.
The gold coins would be bought with the contributions, collected from the representatives of the 1,200 member-association, he said. The weight of the coins would be decided according to the total amount collected, James, a physics post-graduate who passed out from the college in 1984, said.
Good days never come. The slogan of achhe din is a bone stuck in the throat for the National Democratic Alliance government, Gadkari said.
Kamala has finessed bubblegum conversation about whether she is Black or Indian. Her Irrelevancing-approach, an Irrelevance-code if you will, is Elevated and Elegant -- this is the Elevance of Kamala! asserts economist Dr Anuradha Luther Maitra.
He also urged all the ministers, MLAs, and public representatives to respect party workers.
Gold seems to be losing its glitter in India due to a rise in prices. Demand in Q2CY24 was 149.7 tonnes - a 5 per cent drop compared to 158.1 tonnes in the same period last year, according to a report by the World Gold Council (WGC). Demand by value in April-June 2024 stood at Rs 93,850 crore, up by 14 per cent compared to Rs 82,530 crore in the same period last year.
At a time when Flipkart has entered the quick-commerce race with a service called "Minutes", executives at rival players said they are in a wait-and-watch mode. They said they would be concerned only once the e-commerce firm is able to succeed in this space. The Walmart-owned firm's quick-commerce service has gone live in some parts of Bengaluru, putting it in competition with firms such as Zepto, Swiggy's Instamart, and Zomato's Blinkit.
If you see 'Made in India' apparel at any of the IOC's retail channels, it may have well come from Tiruppur, manufactured by a firm, which is owned by a mother-daughter duo, called Back Bay India.
WazirX lost about 45 per cent of its crypto assets to the security breach. People privy to the discussions say North Korea has been mentioned.
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Earlier, similar restrictions were imposed on commercial banks.
A few hundred gold coins of Maurya Gupta and Mughal eras and gold artefacts, which could be worth several hundred crores, were recovered from a hidden strongroom in the house of late Priyamvada Birla.
Markets regulator Securities and Exchange Board of India (Sebi's) measures to curb speculative activity in the Rs 450-trillion-a-day futures and options (F&O) market is not a case of "throwing the baby out with the bathwater," whole-time member (WTM) Ananth Narayan said on Friday. "As a regulator, we are conscious that we must not throw the baby out with the bathwater. "When it comes to frenzied trading in options nearing expiry, however, it is difficult to see any baby in this bathwater," he said while delivering his address at the 21st FICCI Annual Capital Markets Conference.
The Reserve Bank of India (RBI) is likely to clamp down on gold coin sales by banks, amid rising bullion imports adding pressure to the current account deficit and weakening the rupee.
If Rashid cannot be the king, he could be the kingmaker after October 8 when the results to the J&K assembly are declared.
Discover our country through great Indian rail trips!
This movie is perfect for all ages. Avan Verma gives his thumbs up.
Conductors say they have a tough time exchanging the paise coins into currency notes.
Former Pakistan player and cricket expert Sikander Bakht made a shocking claim about Indian skipper Rohit Sharma's toss technique.
Saturday's Quad meeting in Delaware is taking place against the backdrop of China's assertive behaviour in the South China Sea, its sabre-rattling in the Taiwan Strait and increasing footprints in the Pacific and Indian Ocean, asserts Rup Narayan Das.
Vajpayee's long-time associate and Bharatiya Janata Party veteran L K Advani, Lok Sabha Speaker Sumitra Mahajan, Finance Minister Arun Jaitley and BJP president Amit Shah were also present at the event.
'A lot of them are converted to other tokens, and since crypto is dealt with internationally, it can go to any exchange in any country.'
There are tweaks in references to B R Ambedkar's experience about the discrimination.
FM feels it will help to bring down imports.
Two empty chairs -- one each for jailed Delhi Chief Minister Kejriwal former and former Jharkhand chief minister Hemant Soren -- were kept on stage as the Indian National Developmental Inclusive Alliance (INDIA) organised a mega rally in Ranchi on Ranchi.
Gold prices tumbled by Rs 3,350 to Rs 72,300 per 10 grams in the local market in New Delhi on Tuesday amid subdued demand by jewellers after the government announced the customs duty cut on the yellow metal and silver to 6 per cent.
'If you invest in sovereign gold bond, you are going to get the price rise of gold over an eight year period.' 'You're also going to get that two-and-a-half percent which the Government of India is willing to give you, treating the money that you've invested in the sovereign gold bond as a kind of a FD or a deposit.' 'That kind of return you can never get anywhere else.'
Citing various macroeconomic parameters that are doing pretty well, India's G20 Sherpa and former CEO of Niti Aayog Amitabh Kant projected that the country is all set to overtake Japan as 4th largest economy in the world by 2025. The size of India's GDP is currently ranked 5th, after the US, China, Germany, and Japan. It overtook the UK in 2022.
The West Bengal Congress unit issued a denial and said the state president meant "TMC and BJP are just the opposite sides of the same coin as both are venomous and spread lies".
From gold coins to crisp paper notes, Indian currency has had a sea change. Take the Rediff Business Quiz and find out how much you know about Indian monetary system.
Perfect occasion to list 30 real-life educators whose unique methods, unwavering dedication or scholarly persona impressed us.
Perfect occasion to list 30 real-life educators whose unique methods, unwavering dedication or scholarly persona impressed us.
Hardik Pandya continued to be targetted by irate Mumbai Indians fans.
Film folk brought in the New Year -- known through so many names like Vishu, Puthanadu, Pohela Boishakh, Bihu and Cheiraoba -- and shared pictures on social media.
Ramoji Rao's rise to become the founder of Eenadu, the largest circulated Telugu daily, and a tycoon, from humble beginnings is legendary.
It is 'when someone uses their emotional problems to hook an audience on the Internet.'
It essentially amounts to 'performing sadness online for sympathy and/or attention,' explains Sandeep Goyal.
