GOLD

  • Abhinav Bindra retains 10m air rifle national title 4 days ago

    Pune: India's only individual Olympic gold medallist Abhinav Bindra showed that despite being only a hobby shooter now, he has it in him to continue winning as he successfully defended his 10 metre air rifle title at the 58th National Shooting Championships here Monday. The 32-year-old Punjab marksman shot a total...
  • We had a good chance in Champions Trophy: Sardar Singh December 18, 2014

    Captain of the Indian hockey team, Sardar Singh feels that India had a good chance of winning the Champions Trophy but their aim was to acquire Olympic qualification and win an Asiad gold. ...
  • Gold imports surge over 6-fold to US dollar 5.61 billion in November December 15, 2014

    New Delhi: Gold imports surged by over six-fold to US dollar 5.61 billion (over Rs 35,000 crore) in November primarily due to a spike in demand during the marriage and festival season, raising fresh concerns of widening current account deficit. Imports of the precious metal stood at US dollar 835.83 million...
  • RBI sets 6 pc consumer price index target for 2016 December 2, 2014

    Mumbai: The Reserve Bank of India (RBI) has set a target of 6 per cent for consumer price index by 2016, said RBI Governor Raghuram Rajan adding that inflation is near comfort zone. Talking to Network18, the RBI Governor said inflation has been on the glide path. "We are seeing positive...
  • Gold prices soar by Rs 840 in biggest single-day gain in 2014 December 2, 2014

    New Delhi: Posting this year's biggest single-day rise of Rs 840, gold on Tuesday regained the Rs 27,000 per ten gram level after a gap of over one month in the national capital, tracking rebounds in global markets. In addition, pick-up in domestic demand from jewellers and retailers for the...
  • I-T department ask for details of contract approved by Noida chief engineer December 1, 2014

    The Income Tax Department has sought details of projects approved by Yadav Singh. The I-T department may also open 13 bank accounts belonging to him. Authorities had recovered diamonds worth Rs 100 crore, 2 kilos of gold and Rs 10 crore in cash from his residence earlier this week. ...
  • After recovering diamonds worth Rs 100 crore, Rs 10 crore cash, I-T department to probe UP chief engineer's bank lockers December 1, 2014

    New Delhi: The Income Tax department will open bank lockers of Uttar Pradesh Chief Engineer Yadav Singh in at least 12 banks located in Noida, Delhi and Ghaziabad on Monday, said sources. The I-T department had recovered diamonds worth Rs 100 crore, Rs 10 crore in cash and around 2...
  • The last of the golden generation of hockey felicitated November 29, 2014

    The Indian hockey medal winners were felicitated by the Sports ministry that won against Pakistan in 1964 to clinch gold at the Tokyo Olympics. ...
  • India eases gold import rule in surprise move November 29, 2014

    Mumbai: India has scrapped a rule mandating traders to export 20 per cent of all gold imported into the country, in a surprise move that could cut smuggling and raise legal shipments into the world's second-biggest consumer of the metal after China. Along with a record duty of 10 per cent,...
  • Sindhu, Prannoy in quarters, Praneeth bows out in Macau November 27, 2014

    Macau: PV Sindhu and HS Prannoy entered the quarterfinals of the women's and men's singles of the Macau Grand Prix Gold after posting hard-fought victories in their respective matches, here on Friday. However, it was curtains for B Sai Praneeth, who went down fighting against Sony Dwi Kuncoro of Indonesia in...
  • Shuttlers PV Sindhu, HS Prannoy, B Sai Praneeth win in Macau November 26, 2014

    Macau: Defending champion PV Sindhu reached the pre-quarterfinals of the Macau Grand Prix Gold in women's singles while HS Prannoy and B Sai Praneeth too tasted victories in men's singles as Indian shuttlers had a good day in office on Wednesday. World No. 10 Sindhu took a little less than half...
  • Coimbatore: Rs 1.70 crore of gold ornaments stolen from financial firm November 24, 2014

    Coimbatore: Gold ornaments worth Rs 1.70 crore and Rs 5.6 lakh in cash were stolen from a city- based private financial firm dealing in gold loans, police said. A woman sweeper noticed the main doors of the firm at Kovaipudur area open and informed the security guard. He in turn...
  • Government to announce curbs on gold import in a day or two: Sources November 18, 2014

    New Delhi: In the wake of surge in gold imports, the government would soon impose some curbs on its inward shipment to prevent current account deficit (CAD) from going out of hand. "Things are being worked out by the Finance Ministry and some announcements (restrictions) may come in a day or...
  • RBI talking to government about more gold import curbs November 17, 2014

    New Delhi: The Reserve Bank of India (RBI) is in talks with the government to increase curbs on gold imports, Deputy Governor SS Mundra said on Monday, reflecting policymakers concerns that a jump in inbound shipments will worsen the country's trade deficit. Mundra's comments come on the same day that trade...
  • Gold prices decline to over 3-year low on global cues November 5, 2014

    New Delhi: Gold prices plunged by Rs 450 to trade at over three-year low of Rs 25,900 per 10 grams in the national capital on Wednesday as the dollar's strength dampened demand for the precious metal. Besides, low demand from jewellers and retailers who preferred to defer their buying activity...
  • Gold remains weak amid poor buying sentiment November 4, 2014

    Mumbai: Gold prices slipped further at the domestic bullion market on Tuesday due to reduced off-take by stockists as well as retailers. Elsewhere, silver continued its relentless fall owing to lack of industrial demand. Standard gold (99.5 purity) moved down by Rs 30 to settle at Rs 25,955 per 10 grams...
  • Government cuts import tariff value on gold, silver November 2, 2014

    New Delhi: The government on Saturday slashed import tariff value on gold to $391 per 10 grams and silver to $551 per kg following weak global price trends. During the last fortnight, the tariff value on imported gold was fixed at $401 per 10g and on silver at $575 per kg. The...
  • Kerala: Gold worth Rs 63 lakh seized from passenger November 1, 2014

    Kozhikode: About 2.565 kg of gold worth Rs 63 lakh was on Saturday seized from a passenger who arrived at nearby Karipur international airport by an Air India Express flight from Doha, Air Customs Intelligence sources said. The passenger belonged to Kozhikode, they said. ...
  • Gold price dips Rs. 600 per 10 gram October 31, 2014

    New Delhi: Jewelry buyers have a reason to buy more gold even after the festive season has just gone as the yellow metal prices dropped by Rs 600 per 10 grams on Friday to Rs 26,500. In India, however, the marriage season will begin soon. Experts attributed the dip in price to...
  • Gold sales jump about 20 per cent for Diwali: Trade body October 25, 2014

    Singapore: Gold sales in India during the festivals of Diwali and Dhanteras celebrated this week rose by about a fifth, a senior official at the country's biggest gold trade group said on Friday. Premiums in India, the second biggest buyer of bullion, jumped to $17-$18 an ounce this week, compared with...
  • Demand for gold surges once again this festive season October 22, 2014

    Bangalore: The demand for gold has surged once again as the festive and wedding season are underway. With the arrival of Dussehra, Dhanteras, Diwali, the excitement of jewellers and goldsmiths is more palpable than it was last year. The 2013 festive season took a hit from multiple fronts - raw material...
  • A gold Tata Nano, a shirt made of solid gold and gold slippers: 10 strange things made of gold that show how much Indians love Dhanteras and the yellow metal October 21, 2014

    Dhanteras kicks off the Diwali festive season in India. This is one day when every Indian spends exorbitantly buying gold and other expensive metals as they bring prosperity and good luck on this auspicious day.Indians and their love for gold is well established. All our jewelleries for as long as...
  • Watch: Shop owners in Delhi expect high sales on Dhanteras October 21, 2014

    As Diwali festivities pick up, people across the country will be on a shopping spree on Dhanteras on Tuesday. The day is considered auspicious for buying jewellery and utensils. Jewellers are expecting a huge rush this time as the gold prices are much lower. ...
  • Sri Lankan military to return Tamil civilians' gold October 15, 2014

    Colombo: Sri Lanka's military announced it would return unspecified quantities of gold jewellery recovered from a battle site dating to the crushing of separatist Tamil Tiger rebels more than five years ago. Security forces have identified 2,377 "legitimate claimants" and 25 of them were handed back their gold ornaments by...
  • P Chidambaram advises against lifting curbs on gold imports October 12, 2014

    Mumbai: Former finance minister P Chidambaram has advocated against lifting of curbs on gold imports, saying the benefits accruing from restrictions would far outweigh problems like spurt in smuggling. "No. Not in my view," Chidambaram, who initiated these measures as the Finance Minister in the previous UPA regime in the face...
  • Indian athletes are the true heroes and we must all do our bit to support them: Saif Ali Khan October 8, 2014

    Mumbai: Actor-producer Saif Ali Khan has been appointed the brand ambassador of Olympic Gold Quest (OGQ) to raise funds for the training of the athletes supported by the not-for-profit organisation. He has committed a contribution of Rs.20 lakh annually to the NGO until the Rio Olympics 2016. OGQ is co-founded...
  • Asian Games 2014: India women clinch kabaddi gold in Incheon October 3, 2014

    Incheon: The Indian women's kabaddi team beat Iran in the final to clinch the gold medal at the 17th Asian Games in Incheon on Friday. India defeated Iran 31-21 Songdo Global University Gymnasium to continue their dominance in the discipline at the Asiad. India won the gold in Guangzhou, four years ago...
  • Asiad hockey gold extra special, Olympics next target: Sports Minister October 2, 2014

    New Delhi: Congratulating Indian men's hockey team for winning a 'historic' gold at the ongoing Incheon Asian Games, Sports Minister Sarbananda Sonowal on Thursday said that the government will provide every possible help to hockey for 2016 Rio Olympics. India beat archrivals Pakistan 4-2 in a nervy shootout to regain the...
  • Hockey greats laud Asian Games gold but say there's work ahead October 2, 2014

    New Delhi: Hockey greats Balbir Singh Sr and Ajit Pal Singh on Thursday hailed India's Asian Games gold medal winning effort but felt the players still have a mountain to climb to succeed at the world and Olympics level. The former stars said the win over Pakistan will give the sport...
  • Asian Games: India beat Pakistan to win hockey gold, reach Olympics October 2, 2014

    Indian hockey gave the world a timely reminder on Thursday to not count them out yet as the men from the land of hockey beat Pakistan in nervy penalty shootout to win the Asian Games gold after 16 years. After the re-designed regulation period of 60 min ended in a 1-1...