For the first time, consumers, including those at the so-called bottom of the pyramid, are monetising gold by taking loans from banks, offering the yellow metal as collateral, says Tamal Bandyopadhyay.
During the searches, a few thousand Pakistani rupees and currencies belonging to the UAE and Saudi Arabia as well as incriminating documents were found
A local court remanded Indrani and her driver Shyam Rai to judicial custody for two weeks while the other accused Sanjay Khanna was taken to Kolkata for being produced in a court there.
He was arrested in a case of theft and misappropriating his wife Latika's property.
In continued post-demonetisation crackdown on black money, stashes of new notes continue to be seized in several states, including Rs 1.05 crore from a tea seller-turned-financier in Gujarat and nearly Rs 90 lakh in Andhra Pradesh.
ED team managed to get several bank statements from Barbados, Dubai, Hong Kong etc. which prove vital overseas link and money trail relating to Nirav Modi and his aides.
Titan expects sales of premium-priced watch sales to grow by leaps and bounds in the future on the back of a growing disposable income among working professionals and income categories, says Pavan Lall.
The three accused brothers, Rajan alias Natta, 25, Vinod, 35, and Sunil, 28, have had previous involvements in burglary and robbery cases.
Authorities on Saturday continued to dig up currency to the tune of lakhs of rupees, including in new notes, across the country.
The company and its sister concern, Forever Precious, owe close to Rs 5,500 crore.
Sensex ends lower; govt schemes in focus.
Navi Indran Pillai wants to inspire people to feel beautiful.
Anyone with such experiences could have been expected to turn fundamentalist. But Shaheen Kadri is anything but that.
Silver prices also jumped by Rs 500 to Rs 45,000 per kg on increased offtake by jewellery fabricators and industrial units.
Kirron Kher, actress-turned-politician, recounts how it was Jaitley who made her contest the elections from Chandigarh. Speaking to Rediff.com's Savera R Someshwar, the Chandigarh MP talks of the BJP stalwart's generosity and how he was the focal point of any place he was at.
Two-thirds of gold demand in India comes from rural areas where jewellery is a traditional store of wealth.
Karnataka energy minister Shivkumar was in-charge of hospitality for all Congress Gujarat MLAs.
The RBI has been critical of banks for using restructuring schemes to hide the stress.
'The childhood urge to amass wealth may account for one's inexplicable urge to stockpile change, for there is nothing more gratifying than to lift a box heavy with one's treasure, more satisfying somehow than all the zeroes the Kochhars, Modis and Mallyas appear to have allegedly scammed our banks over,' says Kishore Singh.
In 2013, the fall in international gold prices was 28 per cent.
The biggest-ever seizure of cash in new currency grew to over Rs 5 crore on Friday even as the Income Tax department said it detected unaccounted income worth Rs 152 crore after it conducted searches in a dozen premises in Bengaluru and other locations.
Information gathered from a person's social media account will be matched with his or her declared income.
Those evading taxes could soon find tax officials at their doorstep, with a rather insightful account of their big purchases.
'It may take the AIADMK much more convincing than already, not only to try and bring around even the one-time Muslim voters of the party. 'More importantly, the party leadership may find it even more difficult to convince traditional party voters and cadres, who had admired Jaya's nonchalance to the party and leader ruling the Centre,' says N Sathiya Moorthy.
Three Delhi policemen have been attached to district lines after it was found that they allegedly let off a suspected Bhindranwale Tigers Force terrorist after allegedly taking money from him.
A toilet stole the show at a traditional Maharashtrian marriage in Akola.
FMCG, durables, pharma firms say they remain unclear about transition gains and losses
Here are four health benefits of green colour: it heals, boosts memory, lowers anger and makes you lose more fat
Bihar! The state goes to the polls next year. Narendra Modi has chosen a Bhumihar, Rajput and Yadav as his ministers from the state.
In dollar terms, however, gold prices jumped by 26 per cent this calendar year, following sharp jump in hedge funds' long position
In a letter written by Director General of DRI Najeeb Shah, Air India has been asked to sanitise its staff, especially those involved in ground-handling duties, official sources said.
The top posts on social media from your favourite Bollywood celebrities.
Key to Modi's plan will be the interest rates offered for gold deposits.
Theoretically, Modi, who understood corporate finance, committed no crime by raising debt to fund a growing business. In fact, he did a tidy job of it, but his operation started to see the ground underneath it give way in January 2018. A fascinating excerpt from Pavan C Lall's Flawed: The Rise And Fall Of India's Diamond Mogul Nirav Modi.
Financials were among the top losers along with Sun Pharma and index heavyweight Reliance Industries
Exports to Europe shrank by near 2 per cent in the 11 months.
Silver prices have fallen by eight per cent in 2015 to Rs 34,290 a kg.
'The true fruits of the attack on black money, what Raghuram Rajan did for the banking system, and what technology is doing for us will come in FY19, which, not surprisingly, is the year running up to the next Lok Sabha elections.'
The CBI said the software enables the user to save all required details to book Tatkal tickets beforehand.
The 91.9 per cent slide in the stock price of Gitanjali Gems since April has depleted the value of promoter Mehul Choksi's holding in the company by at least Rs 17 crore (Rs 170 million) a day on an average.
