Dhanteras has cheered up jewellers as it has turned out to be the best in three years, thanks to the lower price of the yellow metal and pent-up demand. In Mumbai's Zaveri bazaar, buyers came in out force and jewellers did not have to depend on freebies to induce sales, even though all of them had announced some offers. In fact, more discounts were announced for diamond and studded jewellery.
A startling disclosure by arrested Indian Mujahideen co-founder Yasin Bhatkal -- that his outfit carried out a reconnaissance of nearly a dozen spots in Mumbai in August -- has prompted Maharashtra police to beef up security.
Discounts and incentives are attractions jewelleres are offering along with new designs to woo customers to boost sales ahead of Diwali.
Jewellers sold huge quantities of precious ornaments at a premium of up to 50%.
Indian Mujahideen founder Yasin Bhatkal, who was lodged in a Hyderabad prison, made a phone call to his wife saying that he would be a free man soon with help from Damascus.
It might have taken several years, but the intelligence and security agencies in several states recently tracked down and arrested dreaded terrorists involved in creating havoc in the country. It began with the arrest of Zabbiuddin Ansari, an accused in the 2008 Mumbai terror attacks, then came the arrest of Indian Mujahideen co-founder Yasin Bhatkal followed by Lashkar-e-Tayiba bomb maker Abdul Karim Tunda, Zaveri Bazaar bomber Waqas Ahmed and now IM chief Tehsin Akthar. In a five-part series, Rediff.com's Vicky Nanjappa describes how each of these terrorists were painstakingly tracked by the Intelligence Bureau and arrested by the security agencies.
Many offer personalised ornaments with 3D printed images and engraved names to lure customers in a scenario of high gold prices.
The Hyderabad Heist is a blow-by-blow account of an audacious theft committed in 2018, and a recounting of how the Hyderabad Police combined technology and human intelligence to crack the case.
Consumer sentiment seen better than last year's
Dealers are selling gold at a discount of Rs 175 for 10 gm.
The commerce ministry has called a meeting on Monday to discuss tighter norms amid reports of increased round-tripping of gold
Exports of gold jewellery fell 23.13 per cent to $1153 million.
Most consumers are going for token buying of lesser value and are waiting for price correction for purchase of wedding jewellery.
Tax sleuths have detected over Rs 52 crore of unexplained cash in jewellers' bank accounts
'People must watch the film to see what is it about.' 'This incident has impacted the families of hundreds of people, whose lives were lost in bomb blasts.'
Gold is currently trading at Rs 25,200 for 10 grams.
Yasin Bhatkal, one of India's most dreaded terrorists, has been detained at the Indo-Nepal border.
Despite the recent imposition of import rule and high duties, the yellow metal continues to attract buyers.
One accused was acquitted by the court.
Along the narrow lanes of Mumbai's historic Zaveri jewellery bazaar, many shops display placards saying 'we buy old gold jewellery', tempting buyers who face a $125 an ounce premium over London prices as the government cracks down on surging imports.
Top Indian Mujahideen operative Tehsin Akhtar alias Monu, one of the alleged masterminds of a string of terror attacks in India, was on Wednesday remanded to police custody till April 2 by a Delhi court.
At nine-month high, current prices attractive; consumers want to cash in before a correction
Bullion may settle with limited upside potential
The 61-year-old former top cop from Mumbai changed professions after listening to his 'inner voice'.
A worker earns Rs 10,000-20,000 but in the past month earnings had dwindled to Rs 5,000-7,000.
Dealers anticipated a sharp rise in jewellery demand this wedding season, but then came demonetisation.
One needs to carefully tread the thin but solid line between the sublime & the ridiculous.
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