Rajasthan High Court noted that gold was a valuable material and quashed the accused's plea that challenged the filing of charges against him under the stringent anti-terror law UAPA.
Finance Secretary A.B. Pandey says the cut on customs duty shrinks the price difference of gold in the international and the domestic market, and helps enforce a simple and compliant regime.
Basic customs duty on bullion imports were cut to 7.5%, which will not only reduce profit margins for smugglers but also lower costs for consumers who saw prices surge to record highs last year.
The gold is part of 400.47 kg in bullion and ornaments confiscated by the CBI when it carried out searches at the office of Surana Corporation Ltd in Chennai in 2012.
If mainstream investors move just a small portion of gold holdings into the $350 billion Bitcoin industry, it would be a game-changer for diversification strategies on Wall Street.
Market uncertainty may lead to heightened volatility over the next few hours as traders react to headlines and early clues of a possible Donald Trump or Joe Biden victory.
Covid and weak economic growth are likely to push sales below last year’s 194 tons to the lowest quarterly numbers since 2008, according to a consultant at Metals Focus Ltd.
The Peenya Police have recovered Rs 3.7 lakh worth of gold chains and 15 SIM cards from the accused, Jayakumar, who used to work with a multinational software company.
Dice have been found dating to the Bronze Age in various Harappan sites in present-day northwest India and throughout Pakistan. And it’s very possible that some had female owners.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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