During 2008 the temple collected Rs 81 crore in cash, 920 kg of gold and 440 kg of silver in the form of donations, creating a record of sorts, Ashok Khambekar, a trustee of Shri Saibaba Sansthan Trust, said
While the government has not made the report public, sources said the panel had recommended a sharp cut in all taxes on the gold business, including import duty and goods and services tax which amounts to over 13%.
Buying had been muted in the past few weeks.
The MPs representing various political parties offered heartfelt tributes to the building that has been the epicentre of India's democratic journey.
I thank the people and Government of Myanmar for their exceptional hospitality, Modi tweeted.
The government's ambitious gold deposit scheme can succeed only if depositors are paid a higher interest rate.
India imported 967 tonnes of gold in 2014-15.
In 5 years, the average demand for gold has been 895 tonnes annually.
The options include involving jewellers as collection centres, addressing of issues that banks have been facing and using domestically available gold for giving metal loans to jewellers for domestic sales.
Olympics bronze medallist Bajrang Punia said the marches to create awareness about their plight would continue with a candle-light march planned at the India Gate on May 23.
The diamonds -- of three and two carat each studded in a gold pendant -- valued at Rs 1.18 crore were found in a cash box on Tuesday, they said.
The Travancore Devaswom Board has insured the Sabarimala Ayyappa shrine for a value of Rs 30 crore (Rs 300 million) and also introduced a free-of-cost accident insurance project for pilgrims visiting the holy place.
Indications are that the DMK combine will win more seats than the AIADMK and BJP, but is facing a tough fight in about half a dozen from the rest, predicts N Sathiya Moorthy of the electoral contest in Tamil Nadu.
'The problem is that all this reconstruction work is being monitored by the prime minister himself with inputs being provided directly by the PMO so nobody in the state government dare contradict them even if their suggestions are totally contrary to what the ecology of this region requires.'
A workshop has been organised in Mumbai to come up with suggestions.
Microsoft's Indian-origin CEO Satya Nadella, in communication with employees, said the company will align its cost structure with revenue and customer demand.
Citizens are encouraged to deposit jewellery, bars or coins with banks so it can be refined to meet fresh demand and cut the need for imports
The Rs 2,000 note withdrawal decision and response to it so far suggest that the move can help boost FY24 GDP growth to beyond 6.5 per cent estimated by the RBI, a report said on Monday. The real GDP growth for the first quarter of FY24 will come at 8.1 per cent with an upward bias and the Reserve Bank of India's 6.5 per cent estimate can also be exceeded, economists at the country's largest lender SBI said. "We expect Q1 FY24 GDP growth at 8.1 per cent with an upward bias due to the impact of Rs 2000 note withdrawal event...this reinforces our projection that FY24 GDP could be higher than 6.5 per cent, basis the RBI estimate," a note said.
Deepa Mehrotra's Diwalis in her hometown of Sitapur were full of rang.
The government has retained 10% duty on import of the yellow metal.
The best way to curb gold demand is by reducing black money in circulation.
Gold schemes are offering attractive returns to investors.
It is thanks to the policy of liberalisation conceived by Manmohan Singh and enforced by P V Narasimha that the Indian economy has now become the world's 5th largest economy by nominal GDP, asserts Dr Sudhir Bisht.
The splendid rock figures around Cappadocia and the silent, eternal ruins of Ephesus made a trip to Turkey even more memorable.
The sari is like a verse of poetry. And Sini Shetty turns the verse into a ballad.
Kanchi Sankaracharya Jayendra Saraswathi will present a 11.5-kg gold crown to the hill shrine of Lord Venkateswara on Thursday.
Here's how you can give your family heirloom a face lift with a dash of style and modern art.
The government has also built in mechanism to protect investors from price fluctuation.
'We are confident, we will win the fight for justice.'
Finance Minister Arun Jaitley's decision to cut arbitrage may ensure that the standards of purity of the refined gold in the Indian market meet the global benchmark
The Unnao gold hunt is an exercise in softening Hindu sentiments in the bigger dig for votes in Uttar Pradesh in 2014
Azad, who had joined the protesting wrestlers at the Jantar Mantar on Monday evening but was asked to leave the venue at night by the authorities, returned to the site on Tuesday with his followers.
2,500 kg of sandalwood to Pashupatinath temple cost India Rs 1.9 crore, reports Nivedita Mookerji
A whirlwind trip of the dark underbelly of global finance, covering everything from tax law changes to aiding criminals to decamp with money from bank accounts.
A Ganesh Nadar/Rediff.com speaks to common folk in Tamil Nadu about whether they will invest in Arun Jaitley's gold monetisation scheme. Their reactions will not make the Union finance minister happy.
The iconinc Zaveri Bazaar in south Mumbai does business of around Rs 3 trillion a year.
The auction is being conducted through web portal pmmementos.gov.in and it has one section that lists items under the head 'Most Participated Auction'.
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Following the Chola era tradition, the pontiff of the Thiruvaduthurai Aadeenam presented the sengol to the first Prime Minister of India Nehru signifying the transfer of power from the British to Indian hands.
Sindhu was presented with the Lord's sacred silk cloth and holy prasadam by the temple management
