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Jewellers on Monday decided to continue their pan-India strike for an indefinite period against the Budget proposal.
The suspected undisclosed income in these cases could reach as much as Rs 15,000 crore.
The steep cut in Customs duty on silver in the FY25 Budget to 6 per cent from 15 per cent may provide the government temporary relief by checking the spurt in silver imports from the United Arab Emirates (UAE) under the Comprehensive Economic Partnership Agreement (CEPA). In FY24, silver imports from the UAE jumped to $1.7 billion from only $11.18 million in FY23, according to commerce department data. In May, about 87 per cent of India's silver imports came from Dubai.
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The Uttar Pradesh Police on Monday said it has gunned down a second accused in the Sultanpur jewellery store robbery case in a pre-dawn encounter in Unnao district. "Akhilesh Yadav's wish has been fulfilled, a Thakur has been encountered," said the father of Anuj Pratap Singh.
Jewellers see flat gold sales this Dhanteras
Several Bangladeshis, who have come to Kolkata either for medical treatment or education or other purposes, are now stranded in the city and concerned about the ongoing violence and abrupt change of regime in their country.
Gandhi said that the BJP government has clearly mishandled the economy that was built by the United Progressive Alliance government, and is now resorting to selling the country's assets as a "last resort" to generate some money.
The scion of the erstwhile Mysuru royal family and Bharatiya Janata Party candidate from Mysore-Kodagu Lok Sabha constituency Yaduveer Krishnadatta Chamaraja Wadiyar does not own a house, land or even a vehicle, according to his election affidavit.
Tara Jewels plans an initial public offer which opens on November 21, 2012.
The gems and jewellery industry is staring at a sales washout on Akshaya Tritiya for the second consecutive year as most of the states are under lockdowns due to the raging second wave of the COVID-19 pandemic which has led to negative consumer sentiment, say industry leaders. Akshaya Tritiya, considered as an auspicious day for buying gold and jewellery, falls on May 14 this year. India is the worst-hit among all nations with the second wave of the pandemic, which has been killing more than 3,500 daily and infecting close to 4 lakhs daily for weeks. The massive caseload has nearly paralysed the medical infrastructure.
Holi celebrations started early, as Isha Ambani, together with Bvlgari, hosted a party for filmi folk in Mumbai.
According to the police, Biswas is a jeweller who allegedly bought the medal.
'He was a very generous co-star. And a very stylish man.'
The new Companies Act that came in to force qualified the money mobilised by jewellery companies as deposits and as a result they had to discontinue such schemes.
'The quality of a leader should be such that even if the leader is not there, the institution carries on.'
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They are paying a premium of Rs 700 - Rs 1,500 per 10 gm.
'The government can increase import duty on gold by 1 per cent, instead of imposing excise duty.'
Ananya Pandey's snazzy, selfie-ready style in Call Me Bae is the first thing to have caught our eye about her ultra glamorous debut on OTT this week.
Priyanka Chopra attends a lavish event hosted by the luxury brand Bvlgari in Rome.
Reuters reported earlier this week that the Competition Commission of India (CCI) has sent a warning notice to the companies expressing concern that the merged entity will effectively have a monopoly on cricket broadcast rights worth billions of dollars, allowing it to squeeze advertisers.
Regulator probing jewellery houses for violation of collective investment scheme rules, says Shrimi Choudhary.
Feels assured by FM's promise that givt will consider their demands.
Jewellers in Ahmedabad were baton-charged when they tried to block traffic on busy Sarkhej-Gandhinagar highway.
The Badrinath-Kedarnath Temple Committee on Wednesday dismissed Jyotirmath Shankaracharya Swami Avimukteshwaranand's allegations that 228 kg gold bought for lining the Kedarnath temple's internal walls is missing, and asked him to approach authorities if he had any evidence.
Nita, Isha and Shloka Ambani were the real scene stealers.
Silver ready rose by Rs 350 to Rs 33,850 per kg.
Jewellers are also focusing on designs to attract customers.
T. S. Kalyanaraman is the Chairman and Managing Director of Kalyan Jewellers, the largest jewellery chain in India with a turnover of Rs 8,500 crore (Rs 8.5 billion) this year.
The Budget proposals are expected to boost the fortunes of consumer goods and fast-moving consumer goods companies, which have been struggling with poor consumer demand for more than a year. The Budget announcements, such as the increase in standard deduction by Rs 25,000 for income-tax payers and slab revisions, will put more money in their hands, boosting consumer demand. Private consumption is also likely to benefit from a new scheme to offer internships to 10 million youths in the country's top 500 companies.
Two years after his controversial drama 2.37 about teen suicide was feted at the Cannes Film Festival, Australian director Murali Thalluri is back with another film, Jewel. The film, which will be shot in Hindi in India is, according to Thalluri, a tale about two young boys who are sold into slavery but escape with a rare jewel.
Silver also rebounded by Rs 140 to Rs 37,050 per kg.
Industry estimates over 30 tonnes of gold were sold on Akshaya Tritiya this time.
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