Its time the RBI, govt pushes reforms to boost global investment
Who is to take their place? Will a new generation of entrepreneurs start up with better business sense, or at least better luck? But the so-called unicorns are mostly copy-cat entrepreneurs whose cash flow is funded by overseas (including Chinese) money, notes T N Ninan.
However, Jaitley's son-in-law had earlier issued a statement stating that his law firm had returned the retainership the moment they came to know that the company was involved in a scam.
Sukanya Verma celebrates The Legend's 25 distinctly different moods.
Here's a look at celebs who graced the ramp on Day 2 of Indian International Jewellery Week 2015.
Imports increased by 4.5 per cent, the highest growth in the last six months as crude oil and gold shipments shot up in the month.
Images from the abandoned fifth One-Day International between India and Sri Lanka at the Ferozshah Kotla, in Delhi, on Sunday.
The auction will also feature works of M F Husain, as well as early works by masters Tyeb Mehta and Francis Newton Souza.
Parliament on Tuesday hailed A P J Abdul Kalam as the "real gem" of India, saying the death of the former President has taken away its "true son" who became the driving force behind the country's space and missile programme.
In China, premiums fell to about $1.50 an ounce on Friday from $2-$3 an ounce.
Gold sales were reported at 40 tonnes last year; this might have been surpassed this year.
The country's exports dipped 8.74 per cent to $23.52 billion in November on account of contraction in shipments of key sectors like petroleum, engineering, chemicals and gems and jewellery, official data showed on Tuesday. Trade deficit during the month narrowed to $9.87 billion as imports too declined by 13.32 per cent to $33.39 billion.
Ninety-nine companies, which also include some unlisted ones, have more than Rs 100 crore each of minimum alternate tax credit on their books, cumulatively adding up to Rs 75,000 crore. By utilising MAT credit, many companies will be able to bring down their effective tax cost.
Out of 30 key export sectors, as many as 22 showed negative growth in September.
'There cannot be a batsman in the world less liable to panic than Kane Williamson'
A diamond bracelet and jewelled decorative elephants from Jaipur are some of the Indian heirlooms that made up a collection of 350 personal items belonging to Patricia Mountbatten, Lord Louis Mountbatten's eldest daughter, which fetched over £5.6 million (Rs 56 crore) at an auction in London.
Many celebrities including cricket icon Sachin Tendulkar and legendary singer Lata Mangeshkar rallied around the central government on social media using hashtags #IndiaTogether and #IndiaAgainstPropaganda following tweets by Rihanna and climate activist Greta Thunberg backing farmers who are protesting near Delhi border.
The new Companies Act that came in to force qualified the money mobilised by jewellery companies as deposits and as a result they had to discontinue such schemes.
India's biggest jewellers' association has asked members to stop selling gold bars and coins.
India's exports to China have doubled to $1,662.86 million in eleven months in 2002-03 from $828.68 million recorded in 2000-01.
'The source of our music, the very notes of music itself have fallen silent.'
'It really doesn't matter that investors getting allotments sell their IPO stock holdings on listing day because a new set of investors are entering.' 'This explains the continued rise in stock prices even after the first day of listing.'
'Sanjeev Kumar was my favourite actor. But no one can compare with Amitabh Bachchan.'
The Congress used Raj Bhavans to topple legally elected governments. The BJP is letting governors get away with all manner of impropriety, notes Aditi Phadnis.
The spotlight is back on the hawala trade in diamonds.
The comprehensive foreign trade policy provides for setting up free trade warehousing zones and gives major thrust to service exports.
Saha, 32, possesses none of his predecessor's flamboyance or big-hitting ability with the bat but his dexterity behind the stumps, to go with his determination in front of them, has meant that Dhoni, who now plays only limited-overs cricket, has not really been missed.
Imports too contracted by 28.72 per cent to $31.16 billion. Dip in exports and imports narrowed the trade deficit -- the difference between imports and exports -- in March to $9.76 billion, the lowest in the last 13 months.
According to World Gold Council (WGC), gold jewellery demand in India, the world's largest consumer, touched record 662.1 tonnes in 2014.
As per the White Paper issued by FICCI Gems & Jewellery Group -- the total size of the Gems & Jewellery Sector (both domestic and exports) was about Rs 4,15,000 crore (Rs 4,150 billion).
While the Belgian chocolatiers will kick off with a store soon, Faberge aims to build on its gem-cutting base in Jaipur.
Fugitive diamond merchant Nirav Modi, wanted in India in connection with the estimated $2-billion Punjab National Bank (PNB) scam case, was on Tuesday further remanded in custody until January 7 by a UK court hearing his extradition case. The 49-year-old businessman, who has been behind bars at Wandsworth Prison in south-west London since his arrest last year following India's extradition request for him, appeared via videolink for a routine 28-day remand hearing on Tuesday before Westminster Magistrates' Court in London. The final hearings in the extradition case are scheduled over two days, on January 7 and 8 next year, when District Judge Samuel Goozee is scheduled to hear closing arguments from both sides before he hands down his judgment a few weeks later.
While Belgium dominated the first half, India did well to roar back in the second session. Belgium went into the half-time break with a 1-0 lead, but India fought back well to keep pressure on the opponents in the 2nd half.
'We feel there is definitely something murky in the system.' 'Will anyone believe that Nirav Modi will go to a branch and bribe a low-level officer?' 'Just look at the people with whom he had moved around.'
In a 7-page letter Choksi said, he was being threatened by the individuals with whom he has business relationship and due to the seizure of his assets, his employees, customers and creditors have started to show animosity towards him.
Harnoor Channi-Tiwary took off to find some peace and came across these three hidden gems not very far from the country's capital
India's exports grew by 22.9 per cent in FY'08, marginally higher than a 22.6 per cent growth registered in the previous fiscal, the Reserve Bank said.
In India 24-carat gold is used mostly in coins and bars
From Neeraj Chopra to Harbhajan Singh to Saina Mirza, India's top sportsperson mourned the passing away of one of the country's biggest sporting icons.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances