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JEWELLERY SECURITY FAILURES
The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...
The 2013 ghost returns: Will higher gold duties actually restrict imports or just fuel the grey market?India’s shock hike in gold and silver import duty to 15% has revived memories of the 2013 crisis. While the move aims to curb dollar outflo...
India’s trade map enters a world that’s threatened by missiles & bombsIndia's ambitious trade deals are now facing their crucial test. Agreements signed with countries like the UK and Oman are in transition. W...
West Asia war: Amid gloom and doom in Surat and Tiruppur’s textile clusters, one industry offers hopeAs the West Asia conflict drags down most sectors in India’s two major textile hubs, one segment in Surat is opening up new opportunities
Delhi bank locker row: Rs 60 lakh jewellery loss claim sparks big questions on liability and compensation; Know your rights and how to protect your valuablesA Delhi woman reported Rs 60 lakh worth of jewelry missing from her bank locker, prompting a police investigation. Despite no signs of forc...
Have gold lying idle in lockers? Here’s how you can put it to productive useGold need not be wealth locked away, it can serve as a flexible financial tool offering liquidity.
Digital gold vs physical gold on Dhanteras: Which offers better returns and safety to short, long-term investors?Digital gold emerges as a convenient investment option, offering accessibility with small investments and easy liquidity. While physical go...
'Abject failure' of negotiations: Congress MP Manish Tewari slams Centre over US tariffs"It represents an abject failure of the negotiations that were taking place between the US and the government of India. The US has imposed ...
Jaipur: US Woman buys Rs 6 crore jewellery from Instagram seller, later discovers it's worth only Rs 300A US woman named Cherish was duped into buying what she thought was genuine jewelry worth Rs 6 crore from a Rajasthan shop owner, only to f...
No protection for small depositors if jeweller defaults on gold schemes“Investors have no protection in these gold schemes if a company goes into liquidation. The deposit is usually a small amount, below Rs 1 l...
Banks to incur Rs 1000 crore loss as bankruptcy court orders liquidation of P&S JewelleryLenders rejected the offers by the bidders because they felt that close to Rs 124.5 crore could be recovered by sale of assets owned by the...
How did everyone miss the PNB scam? An accountant explains what could have gone wrongAccording to the PNB, the alleged fraud was carried out by two staffers by not entering the transactions in the bank's core banking solutio...
Top stocks in focus on 16 October 2017Here is a list of top stocks that are likely to be in focus in today's trading session.
SFIO asks Winsome Diamond Director to share vital informationWinsome Group is India’s second largest wilful defaulter after Mallya’s Kingfisher Airlines; group firm Forever owe Rs 6,800 crore to 15 ba...
Expedite steps to recover Rs 600 crore from foreign gold buyers'The panel asked the Steel Ministry, the administrative Ministry for MSTC, to expedite steps to book the perpetrators of the crime.
Loan against FD, Gold loans popular alternatives to personal loansWith the raging interest rates these days, it's not quite wise to get into the vicious cycle of debt.
BJP to oppose govt move to take over gold from temples: Subramanian SwamyThe BJP will oppose govt's move to take into possession the gold belonging to some temples to mitigate the crisis caused by the yellow meta...