The government has hiked gold import duty to 15 per cent from 10.75 per cent to check the current account deficit (CAD) and rising import of the yellow metal. The duty changes came into effect on June 30. Earlier, the basic customs duty on gold was 7.5 per cent, now it will be 12.5 per cent.
'It was because of the strength of Helenji's performance that I was even called on stage to present her with the coveted Black Lady.'
Suneet Varma discusses his fondness for jewellery, his newly-minted role as a jewellery designer, and why he'd like people to reconsider their love for gold jewellery.
Going once, going twice, sold! Jewellery that belonged to Marie Antoinette, wife of King Louis XVI and arguably France's most famous queen were auctioned by Sotheby's on Wednesday as part of their "Royal jewels from the Bourbon Parma Family" event. Take a look at the gorgeous jewellery that was up for sale.
Deutsche Bank in India has managed to avoid the bad-loan problems plaguing its rivals such as Standard Chartered Plc.
Featuring Hulk Hogan, The Undertaker, Shawn Michaels, Randy Orton, Rey Mysterio, Kurt Angle, Bobby Lashley...
The Essel group founder, Subhash Chandra has settled 91.2 per cent of his debt with 43 lenders, and the remaining dues are in the process of being paid. "I am happy to report that we have come out of the financial stress situation by settling 91.2% of our total debt to 43 lenders in 110 accounts. "About 88.3% of the amount has been paid, while the remaining 2.9% is in the process of being paid. "We are making all the required efforts to settle the remaining 8.8% of our total debt.
The issue price for Sovereign Gold Bond Scheme 2021-22, which will open for subscription for five days from November 29, has been fixed at Rs 4,791 per gram of gold, the Reserve Bank of India said on Friday. The Sovereign Gold Bond Scheme 2021-22 - Series VIII will be open for subscription from November 29 - December 03, 2021. "The nominal value of the bond...works out to Rs 4,791 per gram of gold," the RBI said.
Tops the group in mobile voice usage volumes.
The jewellery showing on Day Two of HDIL India Couture Week was studded with both precious stones and stars.
Here's what was on offer on Day 3 of the India International Jewellery Week, underway in Mumbai from August 15-19.
Here's what was on offer on Day 3 of the India International Jewellery Week, underway in Mumbai from August 15-19.
Paris St Germain players Angel Di Maria and Marquinhos were robbed during their club's Sunday home game against Nantes, French sports daily L'Equipe said, adding members of their families were held hostage during the events.
A British court on Tuesday opened the continuation appeal hearing in the extradition case of Nirav Modi, who is wanted in India on the charges of fraud and money laundering amounting to an estimated $2 billion in the Punjab National Bank (PNB) loan scam case. The 51-year-old diamond merchant had lodged an appeal last year against his extradition order on mental health grounds. Lord Justice Jeremy Stuart-Smith and Justice Robert Jay presided over an initial hearing at the High Court in December last year to determine whether District Judge Sam Goozee's Westminster Magistrates' Court ruling from February 2021 in favour of extradition was incorrect to overlook the diamond merchant's "high risk of suicide".
Here's how these B-town celebs fared last week, fashion wise.
Smriti Mundhra's documentary The Romantics has many, many, gems about one of Bollywood's most successful film-makers and more importantly, his iconic father, Yash Chopra.
The 49-year-old jeweller, wanted in India on charges of fraud and money laundering in the estimated USD 2-billion Punjab National Bank (PNB) scam case, further remanded in custody during a routine call-over hearing held via videolink at Westminster Magistrates' Court in London.
Celebs follow a template for their special day -- an intimate ceremony with few people and a keen eye for a touch of luxury in every aspect.
Nearly five months after its soft launch, the government's e-portal, the National Single Window System (NSWS), is seeing a significant increase in the number of investors using it to get a bunch of approvals for their ventures. The first clearance was granted on 18 January. Since then, the progress has been good. Out of the 1,258 registered users on the portal, 378 were registered in the last one week.
The source said the thieves '100 per cent' planned the heist to coincide with the ball drop.
Gold on June 6 hit a fresh all-time high by adding Rs 100 to Rs 30,400 per 10 grams on brisk buying by stockists triggered by a firming global trend. Silver followed suit, and shot up by Rs 1,200 to Rs 55,500 per kg on increased offtake by industrial units and coin makers.
Too sexy for the ramp, Karishma Tanna walked the Bombay Times Fashion Week runway in an all-black look.
Bollywood has often celebrated Lord Krishna with lovely songs over the years. On the festive occasion of Janmashtami, Subhash K Jha picks his favourite Kanha songs.
Dolly J's couture line saw a fine blend of pastels and sequinned embroidery.
Bhupinder's magical legacy lives on in the musical masterpieces he left behind.
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.
Security agencies on Tuesday identified the terrorists they believed were behind the civilian killings in Srinagar last week, and the attackers included their 25-year-old kingpin Basit Ahmed Dar, a resident of Kulgam in South Kashmir, officials said.
The biggest Bollywood wedding of the year is happening in Rajasthan this week!
Family members and friends of paddler Bhavina Patel broke into the traditional 'garba' dance, burst firecrackers and smeared each other with 'gulal' at her native Sundhiya village in Gujarat's Mehsana district to celebrate her historic silver medal at the Paralympic Games.
The Centre's decision to not reduce the face value of shares of India's Crown Jewel - Life Insurance Corporation (LIC) - was taken to make shareholders feel they are acquiring something 'precious'. The face value of LIC's shares was retained at Rs 10, quoted in the draft prospectus, as it would also align the insurer's shares with those of its private sector peers. Even as the LIC Act was amended to "consolidate or reduce the nominal or face value of the shares", with the Centre's approval, it was decided to stick to the current face value of shares at Rs 10 without splitting the existing 6.32 billion shares.
'As soon as the plane touched down and we emerged, barricades came down and his fans rushed towards us.' 'Then, before my astonished eyes, they had lifted him up and he was being passed along over the heads of people.' 'It was an incredible sight!'
Now, in many cases, they give no old jewellery but the bills they get show gold as provided by them, the jeweller's making charge and the GST on that.
Heineken's joint takeover of Scottish & Newcastle could put the Dutch group in a position to try to take over the British brewer's fast-growing Indian partner, United Breweries, which is controlled by Indian billionaire Vijay Mallya, writes Joe Leahy in Mumbai.
Wanted diamond merchant Nirav Modi appeared via videolink from his London prison for a regular call-over hearing at Westminster Magistrates' Court on Friday, when he was further remanded in custody until February 25, when the judgment in his extradition case is to be handed down. District Judge Angus Hamilton informed Modi that he would most likely be appearing again via videolink on the day of the ruling, which will decide whether the 49-year-old jeweller has a case to answer before the Indian courts on fraud and money laundering in relation to the Punjab National Bank (PNB) scam case. Last month, District Judge Samuel Goozee had confirmed the timeline for the judgment at the end of closing submissions in the case, during which he heard that Modi is responsible for overseeing a "ponzi-like scheme" that caused enormous fraud to PNB.
A beautiful mandap has been created at the Sheesh Mahal for the wedding ceremony.
'He knows what he doesn't want and likes exploring the rest with his cast and crew, so it's like a journey of making something beautiful together.'
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.
The first tranche of Sovereign Gold Bonds 2021-22 will be open for subscription for five days from Monday, the finance ministry said in a statement. The bonds will be issued in six tranches from May 2021 to September 2021, it said on Wednesday. The subscription period for 2021-22 Series I will be May 17-21, and bonds will be issued on May 25.
Measure to be implemented in metros first, followed by state capitals, district HQs and rest of country
