Determining the direction of the dollar in Trump's America will be more critical for asset allocation than getting your call on interest rates right, says Akash Prakash.
Finance Minister Arun Jaitley's decision to cut arbitrage may ensure that the standards of purity of the refined gold in the Indian market meet the global benchmark
Demonetisation should be judged to have delivered some immediate gain if at least around Rs 2 trillion gets immobilised.
The ED has received documents from almost all banks that lent money to KFA.
'India has about 22,000 tonnes of private gold, held by individuals and temples.' 'Much of this is locked up in safes and vaults as a dead investment. If we can put the vast reserves of gold to use, it would boost the economy,' says V P Nandakumar, executive chairman, Manappuram Finance, India's first listed gold loan company.
A quick computation puts the following value to the seizures.
Prime Minister Narendra Modi on Monday slammed those calling agitating Sikh farmers names, saying it won't do the country any good as he went on to appeal to the protesting farmers to withdraw their over two-month-long stir and give the new agriculture reform laws a chance.
A man was caught with 94 iPhones attached to his body with cling film and sticky tape in China.
Opting for slightly lower scale in clarity, colour and carat weight can bring down the cost substantially.
'The government's principal aim should be to reduce the volume of cash transactions.' 'That would bring more of the Indian economy within the purview of taxation.' 'The current downturn in economic activity due to a lack of adequate cash is likely to be limited to a year,'
Key to Modi's plan will be the interest rates offered for gold deposits.
Pradip Burman belongs to one of India's most illustrious business families, one which runs the noted Dabur brand of mostly Ayurveda-based FMCG products.
The ED conducted further searches at 21 locations across India.
India's water future remains very bleak. The monsoon season, which once extended to 4 months, is now down to less than 30 days of heavy rain.
A coconut octopus, a burning forest, a rare rhino's last moments and a pair of sleeping squirrels all feature in the shortlist for the Natural History Museum's Wildlife Photographer of the Year 2020 People's Choice Award. This year's competition attracted more than 50,000 entries from professionals and amateurs across the world. Voting for the The People's Choice Award is open until 2 pm February 2.
The department has found that Rs 100 crore were deposited in 500 Jan Dhan accounts in the banks in western Madhya Pradesh post-demonetisation.
It may touch Rs 19,800 crore.
A French climber recently found a box full of precious stones while trekking at Mont Blanc, the highest mountain range in Western Europe, with jewellery worth over Rs 2 crore.
'Allah is there above and, with him as witness, I am giving you this money. If my Mariam's letter arrives, you must deliver it.' The clerk stood still in astonishment. 'Where must it be delivered?' 'Upon my grave!'
Our weekly take on the good, bad and ugly looks of the week. Take a look to check who fared well and who didn't.
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