Of the 11,000 kg imported between July 1 and August 9, around 90 per cent was brought in by two business groups which took advantage of the favourable reduction in tax incidence under GST, routing their imports through Korea.
Steps such as safeguard duty in the works to plug the route
Within months of charging the moon, Indian real estate firms are now offering buy-back of properties, free cars and even free apartments to tide over the current slump which has seen sales halve from the beginning of the year.
'Will this communal pendulum, which is swinging towards the extreme of division and violence, ever swing back to its position of the '60s and '70s within my lifetime?' 'Or will my children, and their children, have to continue to suffer the consequences of the country, that we all love, torn apart along communal lines,' asks Najid Hussain in anguish.
It is that time of the year when good triumphs over evil. Yes, it's Diwali! This is the most auspicious time for all the Hindus spread all over the globe. Diwali is celebrated by worshiping goddess Lakshmi. This period marks the beginning of a new year filled with health, wealth and happiness. Besides the rituals performed, Diwali is also a good time to socializing, exchanging sweets, gifts and having a joyous time. Here are 10 awesome ways to celebrate Diwali -
No one on that glittery occasion could possibly have imagined that the Chinese were conspiring to invade India, nor could anyone have predicted that the seemingly benign Dalai Lama was plotting to flee Tibet and seek asylum in India. A fascinating excerpt from Sukanya Rahman's must-read Dancing In The Family: The Extraordinary Story Of The First Family Of Indian Classical Dance.
About 35,000 credit card customers of Citibank received free tickets worth Rs 23 crore (Rs 230 million) in early 2007 under the 'Fly for Sure' promotional campaign undertaken by the bank in 2005. The customers became lucky after the bank was cautioned by the Reserve Bank of India (RBI) about consequences if customer complaints were not redressed and commitments made under the promotional scheme not honoured, banking sources said.
The martyr's father Udham Singh said he was proud of his son, but wanted that Pakistan be given a befitting reply.
The richest Hindu temple in the world could soon come to the rescue of Prime Minister Narendra Modi's plan to recycle tonnes of idle gold and cut economy-hurting imports.
Pakistan's foreign minister Shah Mahmood Qureshi tweeted, 'Prime Minister Imran Khan will break ground at Kartarpura facilities on 28 November.'
The statements made by the opposition parties after the preemptive air strike on terror camps have made only people of Pakistan happy, he claimed.
The superstar's much-awaited film Kabali is set to release on July 22.
People can deposit idle gold with authorised agencies and take advantage of the price escalation of gold as well as earn interest on the deposit.
On its 250th birthday, the Survey of India will send 30 mountaineers, armed with the most modern equipment, to measure the height of Mount Everest.
Look at gold bonds or gold monetisation scheme instead of buying physical gold
A recent Salem event was perhaps the first time many in the crowd were seeing Jayalalithaa in person in the past five years. A brief stint in jail had made her more reclusive. But none of that seemed to matter.
How has Raj Thackeray, who is as much a businessman as politician, been able to pull it off, when most Opposition politicians live in fear of IT and ED and CBI, asks Krishna Prasad after attending a Raj rally in Nashik.
Authorities on Saturday continued to dig up currency to the tune of lakhs of rupees, including in new notes, across the country.
Tamil Nadu Chief Minister Jayalalithaa died in Chennai tonight at a private hospital after battling for life for the 75 days.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
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.
The Make in India Week has become a platform for two Bharatiya Janata Party (BJP)-ruled states to jostle for the number one destination in India for investor funds.
Usually, online and offline discounts are similar. If discounts are too high, check builder's credentials.
The gold market has remained under pressure.
'376 was always tough (to chase) but the bowlers fought throughout and that's something we can take to Indore. Hopefully, we can play some fear-free cricket to put India under pressure'
This may free up resources for productive or lending purposes.
The speed of nine railway corridors will be increased.
With Mother's Day around the corner, we thought of looking at how Bollywood's mommy fashion has evolved from Achala Sachdev to Aishwarya Rai Bachchan.
Providing relief to the economy from widening trade deficit on account of gold imports, the inward shipments of the metal slumped in December to 39 tonnes, Commerce Secretary Rajeev Kher said on Wednesday.
Experts tracking the sector say the scheme is aimed at clearing inventory and boosting sales
Here's how you can give your family heirloom a face lift with a dash of style and modern art.
Here's what the hottie and other celebs were upto.
'The Indian economy has been subsidised by the poor.'
Citing documents, AAP leader and an advocate fighting for the victims of the 1984 riots, H S Phoolka, claimed that Nath was a part of the mob that attacked the Rakab Ganj Sahib Gurdwara in Delhi on November 1, 1984. Two Sikhs were also burnt to death in the attack.
Anti-incumbency is fast losing relevance as an election factor in India.
Silver also dropped by Rs 1,490 to trade below Rs 40,000 at Rs 39,010 per kg on poor offtake by jewellers and coins makers.
In our special series re-visiting great Hindi film classics, we look back at Rekha and Rakesh Roshan starrer Khubsoorat (1980).