Thanks to an ambiguous law on the import of platinum alloys, some bullion importers are making big profits. A handful of them are importing refined gold cloaked as platinum alloy. Gold attracts 15 per cent import duty, as opposed to platinum alloy that invites a duty of 10.75 per cent. Industry sources say this is a case of mis-declaration and duty violation.
Many are attracted by the potential for large gains, but don't necessarily seem to understand that a single trade gone wrong can wipe out their accumulated profits.
Adopting overly aggressive strategies without considering risk could lead to significant losses during the next downturn.
India were in danger of suffering their first home test loss to New Zealand since 1988, despite Sarfaraz Khan's 150 and Rishabh Pant's 99, when the tourists bowled them out for 462 on the fourth day of their rain-interrupted series opener on Saturday.
Lakshya Sen falls to Axelsen in semis, to play bronze-medal playoff
Daniil Medvedev, the 2021 champion, will need to shake off a run of poor form if he is to mount a challenge.
'Zakir bhai always said, 'koi chala nahi jata hai', he believed even after death, you left something of yourself behind and he has left so much of himself behind.'
The Court of Arbitration for Sport (CAS) has ruled that athletes will have to ensure that they remain below their weight limit and no exception can be provided under any circumstance
It was poetry in motion as Simone Biles mesmerised spectators at the Bercy Arena in Paris and watching all over the world with her dazzling routines to win her fifth Olympic gold medal as she made a triumphant return to the women's gymnastics team final at the Paris Games on Tuesday.
India's goalkeeper PR Sreejesh, who will end his illustrious 18-year career after the Paris Olympics, had conceded only five goals in four games at the men's hockey event, which gives him a save rate above 90 percent for the tournament.
Following is India's schedule on Monday, Day 10 of the Paris Olympics
Carlos Alcaraz secured his passage into the fourth round of the Australian Open with a 6-2, 6-4, 6-7(3), 6-3 victory over Nuno Borges.
'We have worked day and night for this moment because seeing the medical condition, there are a lot of things that are going on and regular training and exercises are a very big challenge with our medical condition.'
Carter was in politics, but not a politician, certainly not a transactional politician, points out Shreekant Sambrani.
At 40 years and 126 days, Sunil Chhetri became the oldest hat-trick scorer in the ISL history
Gold has traditionally been the standard by which the value of anything is assessed
Sentiment remained bearish as gold fell in global markets after better-than-expected US economic data backed the case for the Federal Reserve to slow stimulus, traders said.
Traders said besides stockists selling, a weakening global trend where gold posted its biggest decline in almost seven months as Portuguese banking concerns eased and equities gained, diminishing safe-haven demand.
A summary of Indian athletes' showing at the Paris Paralympics on Sunday, September 1.
Nikhat Zareen bowed out of the Olympics after a heartbreaking 0-5 loss to China's Wu Yu on Thursday.
H S Prannoy signed off with a bronze -- India's first medal in men's singles at the Asian Games in 41 years,.
In the first singles, Sharath went down 7-11, 14-12, 3-11,9-11 against Clarence.
'Some icons are living textbooks, teaching us about leadership, success, and legacy. Extraordinary yet human and approachable, they inspire and guide us.' 'India has lost a true son and champion.'
The reigning Youth World champions Alfiya Pathan and Gitika produced sensational performances to win gold medals, while India's other two female boxers Kalaivani Srinivasan and Jamuna Boro signed off with silver medals in the Elorda Cup.
Tasting success with the relaunch of Sensex derivatives in the onshore market, BSE is preparing for the 'offshore' debut of its 30-share index, which has become synonymous with the domestic markets. Sources in the know said that the India International Exchange (India INX), a subsidiary of BSE, received approval in July from the International Financial Services Centres Authority (IFSCA) to launch Sensex 30 derivatives contracts.
London 2012 Bronze medalist Saina Nehwal believes PV Sindhu can rediscover her winning form in time for the Paris Games
'It's rare to find a designer of his stature who remains so humble, kind and encouraging to everyone around him.'
Traders said sentiment turned distinctly weak after gold prices slumped in global markets as Swiss voters rejected a plan for their central bank to accumulate bullion and oil extended its decline to five-year low, curbing demand for the precious metal.
Silver also drifted by Rs 450 to Rs 37,650 per kg.
Hosts France secured a second straight victory as Kiliann Sildillia struck for a 1-0 success over Guinea, while Spain and Japan reached the quarter-finals in the second matchday of the men's Olympic soccer tournament on Saturday.
Indian shuttlers Satwiksairaj Rankireddy and Chirag Shetty's dreams of securing a maiden Olympics medal came crashing down after a heartbreaking three-game loss to Malaysia's Aaron Chia and Soh Wooi Yik in the men's doubles quarter-finals in Paris on Thursday.
India's boxers Govind Sahani (48kg), Ananta Pralhad Chopde (54kg) and Sumit (75kg) struck gold at the Thailand Open in Phuket, notching up comprehensive wins in their respective bouts on Saturday.
Pole vaulter Mondo Duplantis is rarely beaten and he outsprinted 400 metres hurdler Karsten Warholm in the hotly-anticipated 100 metres exhibition race in Zurich on Wednesday, which brought the two World record holders together in a neutral event.
Tamanna (50kg) and Nivedita Karki (48kg), silver medalists in the previous edition, were among five Indian women boxers who won gold in the youth competition of the Asian Youth and Junior Boxing Championships in Amman, Jordan on Monday.
First-time challenger D. Gukesh on Tuesday insisted he is not weighed down by the favourite's tag heading into the World Championship clash against China's Ding Liren, having enjoyed a purple patch after overcoming a rough phase.
Silver followed suit, which traded lower by Rs 260 to Rs 38,540 per kg.
On the other end of the spooky spectrum, there's the otherworld beauty looking for a do-gooder to help her restless spirit find peace.
Deepika Kumari fell short of a successive Archery World Cup medal in her international comeback after becoming a mother, losing to world No 2 Lim Sihyeon and No 3 Alejandra Valencia in Yecheon, South Korea, on Sunday.
Meiraba, who trains at the Prakash Padukone Badminton Academy, eliminated Denmark's Mads Christophersen
A US Open full of upsets and hungry, young contenders offered the latest sign that men's tennis has entered a new era
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