Regaining the lost sheen, sales of gold jewellery and coins are set to touch pre-COVID levels in volume terms on the auspicious Dhanteras as easing pandemic concerns and pent up demand saw consumers flocking to stores to buy the precious metal. Increased footfall at stores and brisk sales online as well as relatively softer gold prices compared to record Rs 57,000 per 10 grams level in August spurred increased buying, especially light weight offerings, on Tuesday. Dhanteras is considered to be auspicious for buying precious metals and other valuable items.
The request was made in view of the upcoming elections for ICJ judges, scheduled to be held in November,
Advertisers will have to put a disclaimer while promoting the "highly risky" and unregulated cryptocurrencies from April 1, a self-regulatory body for the industry said on Wednesday. All virtual digital assets (VDAs), which are commonly referred to as crypto or non-fungible tokens (NFTs), will have to put the disclaimer in a "prominent and unmissable" way in campaigns for products and services, the Advertising Standards Council of India (ASCI) said. The announcement of the guidelines, done after consultations with industry stakeholders, government and financial regulators as well, comes as the advertising for the controversial products and services is on the upswing.
'India-China economic ties are likely to take a hit in the wake of the new situation, but that also provides India with a new opportunity to strengthen its manufacturing base,' points out Dr Rajaram Panda.
Malhotra was administered the oath of office and secrecy in a ceremony held at court number 1 in the apex court.
'People have been infected. They are responsible for it internationally.' 'They only admitted in February that it is infectious. This proves our case.'
The second day of pre-Diwali Dhanteras witnessed a tepid response from shoppers on Friday as gold and silver sales have likely to be fallen by up to 35 per cent year-on-year due to high prices and COVID-19 induced financial distress, although consumers moved to online buying to make most of the festival, jewellers said. The buying was heavily restricted to light weight jewellery, coins and precious stones due to lower purchasing power and high gold rates, they said. Due to the fear of coronavirus infection, many customers who had booked in advance were taking delivery of wedding orders on Friday, while some were seen buying safely through online brands like Tanishq and Melorra.
Zimbabwe's cricketers are willing to 'play for free' to keep the game alive in the country, expressing their desperation to compete in the upcoming World Twenty20 Qualifiers.
Indian overtakes China in gold consumption.
In India 24-carat gold is used mostly in coins and bars
In a resolution passed at its national assembly in Haridwar, the SJM said the Modi government's proposed strategic divestment of PSEs was an "imprudent business decision" and "against national interest".
In democratic India, a citizen can be a patriot and at the same time be critical of the government, unlike China which promulgated a national security law in Hong Kong prescribing patriotism to contest elections, observes Rup Narayan Das.
O Panneerselvam should not be surprised if the current controversy that he has kicked off is used to rid him of the party coordinator's post, points out N Sathiya Moorthy.
In domestic market, gold prices had peaked to Rs 39,011 per 10 grams in September and are now ruling at Rs 38,800 per 10 gram.
There is nothing to suggest that the DMK stands to gain from the AIADMK split nor is there anything indicative of an extraordinary advantage for the BJP, independently or in the company of the AIADMK, explains N Sathiya Moorthy.
Justice S Muralidhar on Thursday apprised judges and lawyers of the Delhi high court about the sequence of communication on his transfer to Punjab and Haryana high court, saying that he was informed about it on February 17 and had no problem with it.
Ajit Balakrishnan offers a thinking man's guide to the angst of the professions.
A petition seeking lodging of a case against All India Majlis-e-Ittehadul Muslimeen Chief Asaduddin Owaisi was filed in a court in Meerut by a member of Uttar Pradesh Bar Council who alleged his remarks on the youths held by the National Investigation Agency amounted to treason and promoted terrorism.
'With over 50 per cent of medical seats reserved for those who have the ability to pay a fee ranging from Rs 50 lakh to Rs 1.5 crore for a five-year MBBS course and quotas in accordance with affirmative policies in government colleges, the band of seats available for the not-so-rich and non-OBCs is very narrow.'
The new judges of the top court include Justice B V Nagarathna, who will be in line to be the first woman Chief Justice of India (CJI) in September 2027, Justice Bela M Trivedi, Justice Hima Kohli, Justice C T Ravikumar, Justice M M Sundresh, and senior advocate and former Additional Solicitor General P S Narasimha.
Three more positive cases of novel coronavirus have been reported in India.
The trade to-and-from India so far is not affected. But if the situation continues to remain the same for the next two to three months, it could definitely hurt India trade, including essential cargo.
The noted economist said some of the bad loans are due to a slowdown in the economy and asset restructuring companies are part of the solution.
A petition filed by Swapnil Tripathi, a final year student studying at the National Law University, Jodhpur, prompted the Supreme Court to allow live streaming of the opaque proceedings within.
Sales of gold coins and bars should be curbed after reaching around 300 tonnes
GST Council extends anti-profiteering authority's tenure, sends rate cut on EVs to fitment panel and also extended the date for filing annual returns under the GST by two months to August 30.
Hazlewood to miss out again as Australia announce unchanged playing XI for final Test
The non-oil, non-finance sector of the economy is under severe stress.
Particularly hit has been the apparel sector, where the time taken by the industry to adjust to the Goods and Services Tax regime, downward revision of export incentives, and a credit squeeze faced by small and medium scale enterprises, has pushed production downwards.
The protests were triggered by the two attacks on their colleagues.
A PTI tally of figures announced by states and UTs, as of 9.30 pm, showed the total number of confirmed cases having risen to close to 2.1 lakh and the death toll to approximately 6,000, showing an increase of nearly 9,000 cases since Tuesday evening and at least 273 more fatalities in this time period.
In an unprecedented decision, the Supreme Court Collegium has recommended the names of three women judges for appointment in the apex court which, if cleared, would give the country its first woman Chief Justice of India (CJI) in the form of Justice B V Nagarathna on February 10, 2027.
The convicts, who did not seek any further action after the Supreme Court dismissed their appeals challenging their death penalty and review pleas of three of them in May 2017 and July 2018, vigorously started pursuing the legal remedies left to them from January 7 onwards as a trial court had fixed January 20 for their hanging.
GST is levied on every transaction in the supply of goods and services, barring certain exempted items
Raising the issue of Balochistan for the first time before the United Nation, India on Wednesday accused Pakistan of widespread human rights violations there as well as in Pakistan-occupied Kashmir.
Globally, jewellery buying fell 14%, investment slid 11%.
Fed up with the treatment at the Nagpur central jail, his advocate has decided he will no longer deliver anything for Professor Saibaba, leaving it to the jail authorities to fulfill their legal responsibility to look after the professor.
India imported 769 tonnes of gold in 2014, down from 825 tonnes in 2013.
Prior to the swearing-in of Justices Hima Kohli, Nagarathna and Bela M Trivedi, only eight women judges, including sitting judge Justice Indira Banerjee, were appointed as apex court judges.
The government's focus is on containing and controlling coronavirus the ministry of external affairs said on Thursday and advised Indians to stay put wherever they are and travel only under compelling reasons.
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