New Delhi: Gold prices rose by Rs 55 to touch fresh all-time high of Rs 29,750 per 10 grams in the bullion market on Friday on sustained buying from stockists and investors even though the metal declined in global markets. Silver, on the other hand, remained under selling pressure and declined by Rs 300 to Rs 55,900 per kg on lack of buying support. Traders said sustained buying by stockists...
06:22 PM, May 04, 2012
London: Silverstone has reopened talks with potential investors in the Formula One circuit after an exclusivity agreement with an unidentified partner, believed to be a Qatar-based group, ended without a deal. The British Racing Drivers' Club (BRDC), who own the circuit that has a long-term contract to host the Grand Prix, said in a statement on Thursday that negotiations with the investor remained positive. However, with the exclusivity period ending,...
05:35 PM, May 03, 2012
New Delhi: Gold and silver sales shoot up every year on Akshaya Tritiya, that usually falls in late April or early May. Many Hindus believe that this day is auspicious to buy gold and silver. The reasons for this day being auspicious are many: Parashuram, the sixth incarnation of Vishnu was born on this day; Veda Vyas and Ganesha began began writing the Mahabharata; on this day the Treta Yuga...
02:28 PM, Apr 24, 2012
Mumbai: Jewellers plan to continue their strike, hurting demand and halting imports of gold and silver in the world's biggest buyer of bullion, an industry body head said on Monday. "We are still striking... We are expecting to hear from the finance minister in a day or two," said Baccharaj Bamalwa, chairman of All India Gems and Jewellery Trade Federation. The strike had started on March 17, a day after...
11:35 AM, Apr 02, 2012
Mumbai: Now if you are getting married soon and still haven't done your jewellery shopping - you should be a worried person because adding to your wedding stress is the fact that jewellers across the country are on a strike for over two weeks now. They're protesting the one per cent excise duty on unbranded jewellery announced in this years budget. Despite heavy losses, associations maintain they shall strike work...
06:48 AM, Apr 01, 2012
New Delhi: The strike by bullion traders and jewellers to protest the proposed increase in import duty on gold and imposition of excise duty on unbranded jewellery entered the 14th day on Friday. Most jewellery houses have remained closed ever since the Finance Minister Pranab Mukherjee in his budget proposals on March 16 announced one per cent levy on unbranded jewellery and doubling import duty to 4 per cent on...
03:58 PM, Mar 30, 2012
New Delhi: Kher, 57, whose fifth international project 'The Silver Linings Playbook' with Hollywood star Robert De Niro will hit screens on November 21, said the world is recognising the potential of Indian entertainment industry. "We are in a golden period of Indian entertainment industry because the audience is educated and understands the importance of a good script. World needs us now for their economic benefits and the talent. Their...
12:33 PM, Mar 20, 2012
Mahoba: BJP leader and former Madhya Pradesh Chief Minister Uma Bharti owns assets worth over Rs 80 lakh, including cash, gold and silver jewellery. According to affidavit filed by Bharti, who filed her nomination for Charkhari seat in this district, has Rs 7 lakh cash deposited in different banks, besides a policy of Rs 1.5 lakh. The BJP leader, who has taken formal education just up to 5th standard, owns...
08:02 PM, Jan 28, 2012
New Delhi: India's young woman squash sensation Dipika Pallikal's hopes of winning a sixth WISPA title went up in smoke when she lost her title clash against Natalie Grinham of the Netherlands in the Tournament of Champions in New York on Thursday night. Pallikal, playing her ninth match in 10 days, looked too tired and foot-weary as she lost 4-11 3-11 3-11 in 25 minutes while playing the biggest match...
06:02 PM, Jan 27, 2012
New Delhi: Dipika Pallikal became the first Indian ever to reach the summit clash of a Silver event when she clinched a three-set thriller against New Zealand's Jaclyn Hawkes to march into the final of the Tournament of Champions squash meet in New York on Thursday. Seventh seed Pallikal, India's top-ranked female player, overcame a spirited challenge from fifth seed Hawkes to prevail 11-5 14-12 11-9 in the first semi-final...
08:43 PM, Jan 26, 2012
New Delhi: Penguin India, known for publishing the best writing from the Indian subcontinent, will mark its silver jubilee celebrations in 2012 with a series of initiatives, including the launch of a list comprising some of the best loved titles in its 25 years. A series of events, activities and initiatives are planned throughout the year and a Penguin 25th Year Logo will be launched. Their silver jubilee theme is...
07:01 PM, Jan 18, 2012
Mumbai: Small-sized silver bars and coins dominated festival sales in India, the world's top consumer, as precious metals consumers hit by inflation chose the cheaper white metal in hopes of future price gains. On Monday, India celebrates Dhanteras, the first day of the five-day Diwali festival, considered auspicious for buying of precious metals. "We are interested in silver coins for mahurat (auspicious) trading. We can buy more silver for a...
11:10 PM, Oct 24, 2011
New Delhi: Noted Bollywood actor and motivational speaker Anupam Kher will be seen sharing screen space with actor Robert De Niro soon. Anupam lately posted on twitter, "Dream finally coming true. Will be acting with Robert De Niro in David O Russell's (The Fighter) The Silver Linings Playbook next week." Anupam Kher is popular in Bollywood for the variety of roles that he has done. Be it comedy or serious...
10:43 AM, Oct 20, 2011
London: In one of the largest shipwreck hauls, nearly 150 million pounds worth of silver has been found on a British ship that traveling from India but was sunk by a German U-boat in the Atlantic in 1941. The wreck of SS Gairsoppa has been found to contain 200 tonnes of silver by the American exploration company, Odyssey Marine, which will keep 80 per cent of the cargo's value according...
11:12 PM, Sep 26, 2011
London: Gold was set for its biggest three-day loss in 28 years on Monday, as investors fled commodity markets in a scramble to secure cash in the face of mounting fear over the impact of a potential Greek debt default on the rest of the euro zone. European policymakers began working on new ways to stop fallout from Greece's near-bankruptcy from inflicting more damage on the world economy after stinging...
03:23 PM, Sep 26, 2011
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