Gold deposited by households to gold savings accounts will be used for auctioning, replenishment of RBI's gold reserves.
Debutant teenager Saurabh Chaudhary clinched India's first shooting gold of the 18th Asian Games, fetching the top honours in the men's 10m air pistol event, in Palembang, on Tuesday.
Either Sanjay Kumar Singh or 2010 CWG champion Anita Sheoran will become the next WFI President.
Bhagat now has 11 medals, including six gold, two silver and three bronze medals in the world championships. He has the distinction of reaching the finals in all the editions, barring the 2007 and 2017 World Championships.
The longest-serving Bharatiya Janata Party chief minister and popularly known as mama (maternal uncle) and 'paon-paon wale bhaiya' (foot soldier), Shivraj Singh Chouhan has emerged as the hero of his party's stunning victory in the state assembly elections.
The 21-year-old from Maharashtra lifted a total of 248kg (113 snatch, 135 clean & jerk) to secure the medal.
The richest Hindu temple in the world could soon come to the rescue of Prime Minister Narendra Modi's plan to recycle tonnes of idle gold and cut economy-hurting imports.
A rare 18th century decorated gun made in India for Mysore ruler Tipu Sultan, and valued at around GBP 2 million, has been barred from export to allow time for a UK-based institution to acquire it for the public study of a "fraught period" in India-UK history.
Sweden's Armand Duplantis broke his own pole vault world record with a jump of 6.21 metres on Sunday on the way to winning his first gold medal at the World Athletics Championships.
Arnie's back, Varun shape shifts while others fight the good fight and more on OTT this week.
A large number of successful IPOs ensured that the total investor wealth, measured in terms of cumulative valuation of all listed shares, rose by nearly Rs 6 lakh crore during the year to Rs 106.23 lakh crore
American Noah Lyles shot to 200 meters world championships gold on Tuesday, providing a bright finish to a day darkened by yet another doping scandal.
A downturn in Indian demand could hit global gold prices.
There was double joy for India at the Rio Paralympics on Saturday, as high jumpers Mariyappan Thangavelu and Varun Singh Bhati won gold and bronze. Thangavelu scripted history, becoming the first Indian para-athlete to win a gold medal in the men's high jump-T42 final, on Day 2 of the Games at the Olympic Stadium.
Gold retains gains, gain nearly 3 per cent in the past three sessions.
At their medal ceremony, the players team sang the Russian anthem over the sound of the Olympic anthem at the Gangneung Hockey Centre despite being barred from having their flag raised or anthem played.
Japan's Sony Corporation, which is merging its Indian television content company with Zee Entertainment Enterprises, is likely to seek a fresh forensic audit of the company after market regulator Sebi levelled fund diversion charges against Zee promoters, top lawyers said. The Sebi also barred Zee founder Subhash Chandra and its Chief Executive Officer (CEO) Puneet Goenka from holding any position as director. "As the Sebi has made fund diversion charges, which may change the nature of audited reports already filed, the acquirer (Sony) can seek a fresh forensic audit," said H P Ranina, a corporate lawyer.
Kohei Uchimura left it late -- very, very late -- before a heart-stopping horizontal bar routine lifted him into the pantheon of greats as he became the first gymnast in 44 years to win back-to-back Olympic all around titles on Wednesday.
Indian weightlifting had two contrasting medallists to celebrate on Day 2 of the Commonwealth Games, in Gold Coast, on Friday.
This Vikram Samvat year 2070, ending on Thursday, has proved the worst in 17 years in terms of return on investment in gold.
A summary of sports events and persons who made news on Sunday.
Only three or four tonnes is estimated to have been mobilised under the scheme.
The RBI on Wednesday eased gold import norms by allowing select trading houses, in addition to already permitted banks, to procure the precious metal to boost exports.
Gold prices hit a record high in India on Wednesday as global prices surged on war fears, bringing professional bullion trade in the country to a standstill and drawing queues of sellers at jewellery shops.
Australia's Sally Pearson completed one of the great sporting comebacks when she overcame two years of injury agony to win the world 100 metres hurdles title at the age of 30.
The overall gold demand during the second quarter of 2013 stood at 1,148 tonnes, the World Gold Council Q2 Demand Trends report said.
In the June quarter of FY24, 51 per cent of consumers who took small-ticket personal loans already had more than four credit products at the time of accessing yet another new loan, compared with just 17 per cent in the June quarter of FY20, points out Tamal Bandyopadhyay.
Gold imports by India, the world's largest consumer, are expected to take a knock in the coming weeks due to a surge in global prices and the off-season at home.
A whopping Rs 62,476 crore has been "illegally" transferred by smartphone maker Vivo to China in order to avoid payment of taxes in India, the Enforcement Directorate said Thursday, as it claimed to have busted a major money laundering racket involving Chinese nationals and multiple Indian companies. This money is almost half of Vivo's turnover of Rs 1,25,185 crore, it said without stating the time period of the transaction. The crackdown on the leading Chinese company came after the federal probe agency found that three Chinese nationals, all of whom "left" India during 2018-21, and one other person from that country incorporated as many as 23 companies in India in which they were also helped by a Chartered Accountant, Nitin Garg.
Globally, jewellery buying fell 14%, investment slid 11%.
14-year-old Anahat Singh was on Tuesday included in India's squash squad for the Commonwealth Games in Birmingham, starting on July 28.
The iconinc Zaveri Bazaar in south Mumbai does business of around Rs 3 trillion a year.
'...I'll treasure this one a lot more after everything I have been through.'
American Kristin Armstrong became the first cyclist to win the same road event at three different Olympic Games on Wednesday. Britain's surprise packet Joseph Clarke won the Canoe gold in the K-1 slalom course on Wednesday.
In its reply to the Securities Appellate Tribunal (SAT), the Securities and Exchange Board of India (Sebi) said urgent action was warranted against the promoters of Zee Entertainment Enterprises Limited (ZEEL) in the alleged fund diversion case to safeguard the management and protect investors and other stakeholders. It termed the applications made by Essel Group Chairman Subhash Chandra and ZEEL managing director (MD) and Chief Executive Officer (CEO) Punit Goenka as "completely false and misleading" in its response submitted to SAT on June 17. "We have a situation before us where the chairman emeritus and the MD and CEO of this large listed company are involved in a myriad of different schemes and transactions through which vast amounts of public money belonging to listed companies are diverted to private entities owned and controlled by these persons.
The actress takes maternity fashion to a whole new level.
Ukrainian boxer Oleksandr Usyk urged the International Olympic Committee (IOC) to ban Russia from the Olympic Games
These pics will unleash a love for shorts that will never die.
B-Town's memorable fashion moments this week.
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