Security agencies on Tuesday identified the terrorists they believed were behind the civilian killings in Srinagar last week, and the attackers included their 25-year-old kingpin Basit Ahmed Dar, a resident of Kulgam in South Kashmir, officials said.
The retailers are also mulling putting a stop to selling of gold coins and gold bars to curtail investments made in gold, according to an official of trade body All India Gems and Jewellery Trade Federation.
The Rs 250,000-crore (Rs 2.5 trillion) domestic jewellery sector is likely to be hit hard by frequent rises in gold import duty and the sustained depreciation of the rupee against the dollar.
The continuation appeal hearing in the extradition case of Nirav Modi, the fugitive diamond merchant wanted in India to face charges of fraud and money laundering amounting to an estimated $2-billion Punjab National Bank (PNB) scam case, is listed to be heard in the high court in London on June 28. The 51-year-old diamond merchant had lodged an appeal against his extradition order on mental health grounds. "The hearing is listed for the 28th June," confirmed the Royal Courts of Justice administrative office last week.
Deutsche Bank in India has managed to avoid the bad-loan problems plaguing its rivals such as Standard Chartered Plc.
Varsha Bhosle salutes that effervescent icon of Indian cinema, Dev Anand.
Family members and friends of paddler Bhavina Patel broke into the traditional 'garba' dance, burst firecrackers and smeared each other with 'gulal' at her native Sundhiya village in Gujarat's Mehsana district to celebrate her historic silver medal at the Paralympic Games.
Too sexy for the ramp, Karishma Tanna walked the Bombay Times Fashion Week runway in an all-black look.
A beautiful mandap has been created at the Sheesh Mahal for the wedding ceremony.
Dolly J's couture line saw a fine blend of pastels and sequinned embroidery.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'As soon as the plane touched down and we emerged, barricades came down and his fans rushed towards us.' 'Then, before my astonished eyes, they had lifted him up and he was being passed along over the heads of people.' 'It was an incredible sight!'
'Every single Indian dish is a jewel.'
The jewellery showing on Day Two of HDIL India Couture Week was studded with both precious stones and stars.
Tops the group in mobile voice usage volumes.
The source said the thieves '100 per cent' planned the heist to coincide with the ball drop.
Here's what was on offer on Day 3 of the India International Jewellery Week, underway in Mumbai from August 15-19.
Here's what was on offer on Day 3 of the India International Jewellery Week, underway in Mumbai from August 15-19.
The first tranche of Sovereign Gold Bonds 2021-22 will be open for subscription for five days from Monday, the finance ministry said in a statement. The bonds will be issued in six tranches from May 2021 to September 2021, it said on Wednesday. The subscription period for 2021-22 Series I will be May 17-21, and bonds will be issued on May 25.
Here's how these B-town celebs fared last week, fashion wise.
A diamond bracelet and jewelled decorative elephants from Jaipur are some of the Indian heirlooms that made up a collection of 350 personal items belonging to Patricia Mountbatten, Lord Louis Mountbatten's eldest daughter, which fetched over £5.6 million (Rs 56 crore) at an auction in London.
Wanted diamond merchant Nirav Modi appeared via videolink from his London prison for a regular call-over hearing at Westminster Magistrates' Court on Friday, when he was further remanded in custody until February 25, when the judgment in his extradition case is to be handed down. District Judge Angus Hamilton informed Modi that he would most likely be appearing again via videolink on the day of the ruling, which will decide whether the 49-year-old jeweller has a case to answer before the Indian courts on fraud and money laundering in relation to the Punjab National Bank (PNB) scam case. Last month, District Judge Samuel Goozee had confirmed the timeline for the judgment at the end of closing submissions in the case, during which he heard that Modi is responsible for overseeing a "ponzi-like scheme" that caused enormous fraud to PNB.
Images from the World Athletics Championships in Eugene, Oregon, on Wednesday, Day 6.
Located in a small township in the eastern part of Bengaluru is IBM's new Security Command Centre, which is surrounded by offices of multinational tech companies. This unit is the centrepiece of IBM's multi-million dollar investment to help businesses prepare for the growing threat of cyberattacks across the Asia-Pacific (APAC) region. This facility is the first of its kind in the region. It helps train in cybersecurity response techniques through highly realistic and simulated cyberattacks.
Testosterone not rationale is the driving force behind KGF franchise, observes Sukanya Verma.
Gold on June 6 hit a fresh all-time high by adding Rs 100 to Rs 30,400 per 10 grams on brisk buying by stockists triggered by a firming global trend. Silver followed suit, and shot up by Rs 1,200 to Rs 55,500 per kg on increased offtake by industrial units and coin makers.
Chanel's 2020/21 Metiers D'art collection was unveiled at Le Chateau des Dames in the Loire valley in France. The castle's atmosphere served the perfect backdrop for the show that had a medieval touch.
Despite recent developments that have accelerated the impending extradition of fugitive diamantaire Nirav Modi, who has been in custody in London's Wandsworth Prison for over two years, the last month has seen his uncle Mehul Choksi dominate the headlines instead with his circus-like exhibition in the Caribbean that has involved red herrings such as a "girlfriend", to whom his wife seemed to have no objection, and possibly concocted stories of being kidnapped and manhandled. Choksi was widely regarded as Modi's Svengali in Mumbai when he returned from Belgium to expand his business. He had fled to Antigua well before news around how Modi finagled thousands of crores from Punjab National Bank (PNB) and other institutions through a series of allegedly coordinated and fraudulent actions involving letters of undertaking, or LoUs.
An unusually large pink diamond sold for a record-breaking $50 million (Rs 361 crore) on Tuesday at Christie's auction house in Geneva. Christie's said renowned jeweller Harry Winston was the buyer, saying it was a new world record price per carat for a pink diamond.
Sukanya Verma quizzes you to find out just how much you know about the movies.
Taking a cue from Zomato's stellar initial public offering (IPO), through which it garnered a valuation of Rs 1 trillion, the government has asked its advisors and valuers to ascertain if the Life Insurance Corporation of India (LIC) should be valued at Rs 10 trillion or more. The government is looking to offload about 10 per cent stake in LIC through the IPO. At that valuation, the government stands to net at least Rs 1 trillion from LIC's proposed IPO, which will boost the Centre's efforts to meet its disinvestment target of Rs 1.75 trillion for the current financial year.
The board has learnt from the harsh lessons of the 2021 edition when the tournament had to be suspended midway due to the raging pandemic and could only be completed in the UAE four months later.
The Dhadak actor turned ambassador for one of her favourite stylists.
Finance Minister Nirmala Sitharaman on Thursday said that fugitive businessmen Vijaya Mallya, Nirav Modi and Mehul Choksi are "coming back" to India" to face the law.
How much you know about the movies? Find out in Sukanya Verma's amazing quiz.
A flavour-of-the-season approach does not work in investing, suggests Deepesh Raghaw.
A summary of Wednesday's action at the US Open on Day 3.
Now, in many cases, they give no old jewellery but the bills they get show gold as provided by them, the jeweller's making charge and the GST on that.
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