Gold, silver sales down by up to 40% this Dhanteras

Most consumers are going for token buying of lesser value and are waiting for price correction for purchase of wedding jewellery. Mirroring slowdown in the economy, pre-Diwali Dhanteras sale of......

Cash crisis: Aaj ki taaza khabar!

IMAGE: A bank ATM in Mumbai, November 14, 2016. Photograph: Prasanna D Zore/Rediff.com   Recalibrating ATMs to take more than a week, reports Abhijit Lele Bankers said work on recalibration......

Dhanteras puts the shine back on gold sales

After a subdued gold demand in the last six months, jewellery and coin sales sparkled on Dhanteras on Friday, with sales seen to grow by up to 25 per cent following higher demand in view of a good......

Smugglers cash in on foreign cigarettes as gold loses shine

The cases of gold smuggling fell by about 70 per cent in 2015-16, compared with 2014-15, as smuggling of foreign cigarettes became more profitable, said a source in Directorate of Revenue......