In India 24-carat gold is used mostly in coins and bars
The Enforcement Directorate has arrested four persons including the MD of the Lava International mobile company and a Chinese national as part of its ongoing money-laundering probe against Chinese smartphone-maker Vivo, official sources said on Tuesday. They identified the four as Hari Om Rai, the MD of Lava International company, Chinese national Guangwen Kyang, chartered accountant Nitin Garg and a person called Rajan Malik. They have been taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA).
It was double delight for the hosts in the men's 61kg junior event as Sankar Lapung clinched the bronze medal with a best effort of 256kg (114kg+142kg).
Anamika Pareek answers five most frequently asked questions about investing in silver ETFs
India's Swapna Barman on Thursday tendered an "unconditional apology" for her sensational allegations that she lost out on a bronze medal in the women's heptathlon competition of the ongoing Asian Games to a "transgender" athlete.
A number of high-profile electoral battles, starring veterans and debutants, formidable opponents and unlikely contestants, feature in Tuesday's outcome.
But new faces, such as world champion 10m air rifle shooter Rudrankksh Patil, Esha Singh (10m air pistol), Sift Kaur Samra and Ashi Chouksey (50m rifle 3-positions) are some of the brightest prospects in the team with a potential to aim for gold, notwithstanding the extremely tough challenge the Chinese will pose in the coming fortnight.
As RBI curbs lending against gold, it's now harder to raise loans against the yellow metal.
Former education minister of West Bengal Partha Chatterjee and his aide Arpita Mukherjee were sent to 14 days in judicial custody by a special court in Kolkata on Friday in the SSC scam case.
This was because of the closure of retail shops and factories after the nationwide lockdown was imposed to prevent spread of Covid-19, and a sharp increase in the metal's price.
Falguni and Shane Peacock, the celebrated fashion designers, invite you into their home.
Mobile phones and TV sets manufactured in India would become cheaper with Finance Minister Nirmala Sitharaman announcing cuts in Basic Customs Duty (BCD) on import of their components but smokers would have to pay more as the government has increased taxes.
While the performance of pistol shooters was creditworthy, their rifle counterparts were at a different level altogether.
In Dubai, A Ganesh Nadar encountered high speeds on smooth-as-silk-roads, no bureaucracy, gold, Mr Toad's. And snow!
'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'
Import by 4-star and 5-star export houses effectively barred from importing for domestic consumption.
A WGC survey says that there is no dearth of gold demand, but there is lack of trust among prospective gold buyers, not only in India but globally.
The rally in silver may continue if the global economic recovery remains on course.
This is good news for the central government at a time when crude oil prices are rising.
Experts advise investors to buy at lower levels in the next few months and sell at the higher end of their range in the second half, reports Rajesh Bhayani.
Olympic high jump champion Dick Fosbury, who revolutionised the event with a radically different jumping technique that was eventually named after him, died on Sunday aged 76.
Silver has a dual role - 60 per cent of the total silver produced is used for industrial purposes in the electrical & electronics segment and photovoltaic demand mostly for solar panels.
Jewellers see flat gold sales this Dhanteras
The government has not given any concrete assurance on the rollback of excise duty.
A Ganesh Nadar/Rediff.com speaks to common folk in Tamil Nadu about whether they will invest in Arun Jaitley's gold monetisation scheme. Their reactions will not make the Union finance minister happy.
India's annual gold consumption is about 800-900 tonnes, of which about 750 tonnes is imported. However, in 3-5 years, domestic refineries would meet the whole demand, reports Rajesh Bayani.
The worsening demand for jewellery has already started impacting jobs and karigars or goldsmiths.
'The drive that I have is still there. My body has been serving me well, listening to me well. I have a great team of people around me. The motivation, especially for the biggest tournaments in the sport, is still present.'
Pendulum swings towards tighter measures against transgender athletes
A round-up of all the results from the 17th World Athletic Championships in London
Pardeep Singh came agonizingly close to winning gold, but eventually settled for silver in the men's 105 kg weightlifting competition after a close contest with Samoa's Sanele Mao at the Commonwelth Games on Monday morning.
Floor sweeping lehengas, figure-hugging mermaid dresses and dramatic anarkalis -- designers Shantanu and Nikhil showed their bridal line at the India Bridal Fashion Week.
Prime Minister Narendra Modi launched a scheme to tap a pool of over 20,000 tonnes of gold held by households and temples.
Tinesh Bhasin explains the pros and cons of trading in gold 'options', which were introduced in India this Dhanteras
Gold demand will go up in the second half of this year.
Simone Biles claimed a record-equalling 23rd medal at the gymnastics world championships on Saturday, leading an American one-two finish in the vault final in Stuttgart.
Find out how you can put your gold -- stored in safes at homes and bank lockers -- to good use in case you urgently need money at comparatively low rates of interest.
Citizens are encouraged to deposit jewellery, bars or coins with banks so it can be refined to meet fresh demand and cut the need for imports
South African flag-bearer Caster Semenya powered to the 1,500 metres title at the Commonwealth Games on Tuesday, keeping her bid for a golden double at the Gold Coast intact.
Jewellers sold huge quantities of precious ornaments at a premium of up to 50%.
