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Mumbai startup Coinbazaar is aiming to strike gold by encouraging India to shop for bullion online

Mumbai startup Coinbazaar is aiming to strike gold by encouraging India to shop for bullion online 0

🕔17:03, 15.May 2019

Indians love their gold and silver. From the larger-than-life weddings to simple housewarming ceremonies, gold and silver are always a part of every celebration. Interestingly, Indians see gold and silver as “investments”. “There would hardly be a household in urban

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B2B invoices will have to be generated on govt portal by September to check GST evasion

B2B invoices will have to be generated on govt portal by September to check GST evasion 0

🕔11:22, 6.May 2019

All invoices for business-to-business sales by entities beyond a specified turnover threshold will be generated on a centralised government portal by September, a move aimed at curbing the menace of fake invoices and evasion of GST, officials said. The revenue

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Inter-ministerial group to meet on making gold an asset class

Inter-ministerial group to meet on making gold an asset class 0

🕔17:39, 8.Apr 2019

Mumbai: India will hold a top ministerial meeting early this week on giving gold the status of an asset class, a move that seeks to reduce the dependence on imports by boosting the circulation of an estimated 25,000 tonnes of

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US request to extradite Nirav Modi may send him back to India

US request to extradite Nirav Modi may send him back to India 0

🕔17:46, 4.Apr 2019

The United States may try to stake claim for fugitive Nirav Modi’s extradition from the UK so that he can be charged under the stringent Racketeer Influenced and Corrupt Organizations (RICO) Act in an American bankruptcy court. This move may

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At 52MT, gold imports plunge to an 8-year low

At 52MT, gold imports plunge to an 8-year low 0

🕔17:35, 4.Apr 2019

NEW DELHI: Thanks to high gold prices and poor demand, the gold imports in Gujarat have plunged to an eight-year low in the financial year 2018-19 that ended on March 31. According to data by Ahmedabad Air Cargo Complex, the

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Rajesh Exports to start gold refining operations in Bengaluru in 2 months

Rajesh Exports to start gold refining operations in Bengaluru in 2 months 0 Updated

🕔13:13, 4.Apr 2019

Bengaluru: Rajesh Exports Ltd will commence operations at its new gold refinery in Bengaluru in the next two months, Executive Chairman Rajesh Mehta said. The refinery will have a capacity of 400 tn per annum of gold and will cost

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UK Court Denies Bail to Nirav Modi, Again

UK Court Denies Bail to Nirav Modi, Again 0 Updated

🕔10:00, 31.Mar 2019

In yet another setback for fugitive diamond merchant, the UK Court again denied bail to Nirav Modi. This is for the second time that the Court has denied bail to him. Nirav will remain behind bars for at least six weeks.

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Gold Rate Today: Gold Falls on Weak Demand

Gold Rate Today: Gold Falls on Weak Demand 0 Updated

🕔18:01, 29.Mar 2019

NEW DELHI: Gold prices took a beating in futures trade in Friday’s session due to a slump in demand by jewellers at the spot market amid weak trends in overseas markets. In the global markets, gold was on track for

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Gold Slips on Muted Spot Demand, Weak Global Trend

Gold Slips on Muted Spot Demand, Weak Global Trend 0 Updated

🕔14:26, 28.Mar 2019

NEW DELHI: Muted demand by jewellers at the spot market and uninspiring global trend dragged gold prices lower in Thursday’s futures trade. Dollar’s rise against its peers weighed on gold prices in global markets. The dollar index was trading near

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Gold Near One-Month Peak as Yields, Equities Slide

Gold Near One-Month Peak as Yields, Equities Slide 0 Updated

🕔09:46, 26.Mar 2019

Gold prices were steady on Tuesday and hovered near one-month high hit in the previous session, as demand for safe-haven assets improved after treasury yields and equities fell on possible US recession and global growth concerns. FUNDAMENTALS Spot gold was

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