Rapid growth in personal gold loans has raised concerns over borrower leverage, large-ticket exposure and volatility in gold prices, points out Swaminathan J, Deputy Governor, Reserve Bank of India.
Despite a sharp increase in import duties on gold and silver to 15 per cent, the precious metals are trading at significant discounts in the domestic market, with gold seeing discounts of up to $200 an ounce and silver up to $6 an ounce.
Elvish Yadav, winner of Bigg Boss OTT 2, has reported receiving an extortion threat for Rs 10 crore from an individual claiming ties to the Lawrence Bishnoi gang. Police have registered an FIR and are investigating the matter.
A fugitive wanted in a major narcotics case was brought back from Azerbaijan by the Special Cell of Delhi Police, who secured his extradition in coordination with the CBI.
Punjab Police dismantled a cross-border drug and arms smuggling module, arresting two individuals and recovering heroin, pistols, and cartridges. The accused were in contact with Pakistan-based smugglers via social media.
AIMIM leader Matin Patel faces potential cancellation of his corporatorship for allegedly harbouring Nida Khan, accused in a sexual harassment and forced conversion case. Authorities are investigating alleged illegal construction at his residence, which could lead to his disqualification under the Maharashtra Municipal Corporation Act.
Punjab Police have arrested another individual in connection with the freight corridor railway track blast in Shambhu, Patiala. The arrested person, Gurjinder Singh, is a key associate of a suspect who died while attempting to detonate explosives at the track.
Top trap shooter Zoravar Singh Sandhu's exclusion from the Indian shotgun contingent for the Asian Games has sparked controversy, despite his international achievements. The NRAI defends its selection policy, while Sandhu urges a review.
A woman director of an IAS coaching institute was allegedly robbed of Rs 1.89 crore by a former student and his associates at gunpoint in Bhopal after being held captive at a house.
Punjab BJP chief Sunil Jakhar has accused AAP workers of 'hooliganism' at BJP offices across Punjab, while Haryana CM Nayab Singh Saini criticised the AAP government in Punjab for alleged corruption following recent ED raids.
Odisha Police seized nearly 3,500 litres of diesel and arrested one person for illegally procuring materials from ships anchored in deep sea areas near Paradeep. The operation uncovered a network involved in unauthorised exchanges of fuel and other suspicious commodities.
An associate professor from Kannur Dental College, accused in the death of a student allegedly harassed over caste, appeared before the investigation team and was subsequently arrested and released on bail.
Faridabad police arrested five suspects, including the kingpin, linked to a sextortion racket that allegedly trapped people using fake profiles on social media and online dating platforms before coercing them for money.
Tribal food is more than sustenance -- it is memory, medicine, history and community.
The Delhi High Court has initiated criminal contempt proceedings against several AAP leaders, including Arvind Kejriwal and Manish Sisodia, for their social media posts against a judge in relation to the excise policy case.
Kerala's Chief Minister-designate V D Satheesan visited senior Congress leader Ramesh Chennithala, emphasising their close relationship and seeking blessings for his new role.
The CBI arrested two middlemen and another person in a Rs 13-lakh bribery case involving senior officers of the Punjab Vigilance department, following a late-night raid and chase.
A man died and another was injured, allegedly after being assaulted by the ANTF during a raid in Rajasthan's Jhalawar. Protests erupted after the incident, with villagers blocking roads and demanding action.
The Congress and BJP in Uttarakhand are engaged in a war of words over the alleged Champawat rape case, which police have now deemed a fabricated incident stemming from a long-standing dispute. Both parties accuse each other of political manipulation and attempting to tarnish the other's image.
A new pilot study demonstrates how wearable devices, combined with smartphone location data and real-time surveys, can effectively capture environmental exposures and their immediate physical and emotional effects on individuals.
India defeated Macau 8-1 in the U-18 Ice Hockey Asia Cup, with captain Gurtej Singh Bhatti scoring four goals in Bishkek, Kyrgyzstan.
Faridabad police have arrested a suspect involved in a gang allegedly providing forged vehicle fitness certificates. The accused is in police custody, and efforts are underway to apprehend other members of the gang.
The Archaeological Survey of India (ASI) has informed the Madhya Pradesh High Court that a massive structure dating back to the Parmar kings existed at the Bhojshala temple-Kamal Maula mosque complex, and the current structure was built from the remains of temples.
Delhi Police have arrested three individuals involved in a black-marketing racket selling IPL match tickets at inflated prices. The accused were caught selling complimentary passes and regular tickets near Delhi Gate.
The BRICS foreign ministers' meeting in New Delhi concluded without a joint statement due to disagreements over the West Asia conflict, with Iran blaming the UAE for the lack of consensus. India, as the host, issued a chair's statement highlighting the differing views.
Delhi Police busted an illegal LPG refilling and hoarding racket in Nangloi, seizing 96 domestic gas cylinders, vehicles, and equipment. Three people were arrested for diverting LPG cylinders meant for delivery and illegally refilling and selling them in the open market.
The Enforcement Directorate conducted searches at multiple locations in Punjab and Chandigarh as part of a money laundering investigation against certain builders and real estate companies in an alleged land fraud case.
The Supreme Court has declined the Centre's request to postpone the hearing on petitions challenging the constitutional validity of the 2023 law, which excludes the CJI from the committee responsible for appointing election commissioners, stating the matter is of utmost importance.
Amritsar Police arrested four individuals linked to a cross-border arms smuggling module, recovering seven sophisticated pistols. The investigation revealed connections to Pakistan-based smugglers using drones for delivery.
Delhi Police arrested three suspected members of the 'kaccha-baniyan' gang after a shootout in Ambedkar Nagar. The gang is allegedly involved in a recent robbery in Sarvodaya Enclave, where residents were held hostage.
Aligarh police arrested twelve members of an interstate gang allegedly involved in trafficking illicit country-made firearms from the ruins of an old fort on the outskirts of Aligarh.
Notorious gangster Harpreet Singh and seven of his associates were arrested in Kullu district, Himachal Pradesh, in a joint operation by Punjab's Crime Investigation Agency (CIA) and Himachal Pradesh Police.
Kolkata Knight Riders kept their playoff hopes alive with a commanding 29-run win over Gujarat Titans at Eden Gardens, powered by a blazing batting display from Finn Allen and Angkrish Raghuvanshi, despite strong resistance from GT's top order.
The proposed facility seeks to simplify and speed up PF withdrawals by allowing Employees' Provident Fund Organisation (EPFO) subscribers to access up to 75 per cent of their balance through ATMs and UPI-based systems, while retaining at least 25 per cent in their accounts.
The Enforcement Directorate has arrested three individuals, including an alleged crypto hacker named Srikrishna Ramesh, in connection with a cryptocurrency-linked money laundering case. The arrests follow raids conducted in April, targeting individuals linked to the hacker and sons of a Karnataka Congress MLA.
The CBI coordinated the extradition of Abhay Rana, wanted by Haryana Police for extortion, criminal intimidation, and attempt to murder, from Portugal.
'It has always been viewed as a hedge against inflation.'
Delhi Police have arrested an employee of a chartered accountant and his two accomplices for allegedly staging a robbery to misappropriate Rs 6.5 lakh. The entire amount has been recovered.
Maharashtra minister Sanjay Shirsat has accused AIMIM corporator Matin Patel of double standards for allegedly harbouring Nida Khan, who is accused in a Nashik TCS sexual harassment and forced conversion case.
Prime Minister Narendra Modi has begun a six-day tour of the UAE, the Netherlands, Sweden, Norway and Italy to strengthen bilateral relations amid geopolitical challenges. The trip will focus on energy security, trade, and technological cooperation.
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