gold bars

Azerbaijan buys 10 tonnes of gold


September 19th, 2012 - 1:16 pm ICT by IANS
Baku, Sep 19 (IANS) The Azerbaijan State Oil Fund has bought 10 tonnes of gold to increase the diversification and profitability of its investment portfolio, the Fund's CEO Shakhmar Movsumov ... Read more...

Posted in Business |

Chinese police bust drug ring


June 28th, 2012 - 11:26 pm ICT by IANS
Beijing, June 28 (IANS) Chinese police have busted a drug trafficking ring and seized over 18 kg of heroin, authorities said Thursday.Six members of the gang were arrested in Guangxi ... Read more...

Posted in World |

Now, a 24-hour ATM-like cup-cake machine


June 20th, 2012 - 1:35 pm ICT by IANS
Washington, June 20 (IANS) You may have heard of vending machines or ATMs that give out gold bars or chocolate treats or potato chips. But a bakery in America has ... Read more...

Posted in Life Style |

Yangon’s gilded pride - the bejewelled Shwedagon Pagoda


May 29th, 2012 - 9:02 pm ICT by IANS
Yangon, May 29 (IANS) The gold-plated Shwedagon Pagoda, which Prime Minister Manmohan Singh visited Tuesday, is a sight to behold as over 4,500 diamonds dazzle in the sun. And ... Read more...

Posted in South Asia |

Gold traders on Akshaya Tritiya high


April 23rd, 2012 - 1:21 pm ICT by IANS
Kolkata, April 23 (IANS) Jewellery makers and gold traders are expecting good business this Akshaya Tritiya compared to last year as sales have picked up before the auspicious day ... Read more...

Posted in Life Style |

Pranab, jewellers to discuss contentious new levies


April 5th, 2012 - 11:32 pm ICT by IANS
Mumbai, April 5 (IANS) In an effort to break the deadlock over the recent hike in duties affecting the gems and jewelery industry, Union Finance Minister Pranab Mukherjee will ... Read more...

Posted in Business |

Tax on gold amounts to taxing culture: Congress MP


April 4th, 2012 - 2:38 pm ICT by IANS
Panaji, April 4 (IANS) Finance Minister Pranab Mukherjee's move to tax gold has come in for criticism from Goa's Congress MP Shantaram Naik, who has said that a tax ... Read more...

Posted in Politics |

Pranab urges jewellers to call off shutdown


March 31st, 2012 - 9:56 pm ICT by IANS
Kolkata, March 31 (IANS) Union Finance Minister Pranab Mukherjee Saturday urged jewellers to call off their strike as he is reconsidering the matter of imposing excise duty on unbranded ... Read more...

Posted in Business |

Jewellers resume shutdown in Bengal, demand rollback of excise duty


March 29th, 2012 - 12:10 am ICT by IANS
Kolkata, March 28 (IANS) Jewellers and artisans across West Bengal resumed their indefinite shutdown from Wednesday, demanding rollback of excise duty on unbranded jewellery proposed by union Finance Minister ... Read more...

Posted in Business |

Jewellers extend shutdown by two more days


March 19th, 2012 - 11:20 pm ICT by IANS
Kolkata, March 19 (IANS) The All India Gems and Jewellery Trade Federation Monday extended by two more days their strike to protest the government's budget proposal to hike basic customs ... Read more...

Posted in Uncategorized |

Hike in import duty on gold: Jewellers body calls for shutdown


March 16th, 2012 - 11:28 pm ICT by IANS
Kolkata, March 16 (IANS) The All India Gems and Jewellery Trade Federation Friday called for a country-wide shutdown March 17 to protest against the government's budget proposal to increase ... Read more...

Posted in Business |

Jewellers criticise hike in import duty on gold


March 16th, 2012 - 8:21 pm ICT by IANS
New Delhi/Mumbai, March 16 (IANS) Indian jewellery makers Friday criticised Union Finance Minister Pranab Mukherjee's proposal to increase basic customs duty on standard gold bars, gold coins and platinum ... Read more...

Posted in Business |

Gold to cost more as budget proposes to increase customs duty


March 16th, 2012 - 8:16 pm ICT by IANS
New Delhi, March 16 (IANS) Gold is set to cost more from April 1, 2012 with Finance Minister Pranab Mukherjee Friday proposing to raise import duty on standard gold ... Read more...

Posted in Business |

Five held for cheating finance company


January 31st, 2012 - 2:01 am ICT by IANS
New Delhi, Jan 31 (IANS) Five people, including two officials from a private bank, accused of taking loans worth over Rs.2 crore by depositing fake gold biscuits, have been arrested, ... Read more...

Posted in Uncategorized |

20 kg of gold bars found on Paris train


January 3rd, 2012 - 8:14 pm ICT by IANS
London, Jan 3 (IANS) A suitcase containing 20 kg of gold bars has been found on a train near Paris, BBC reported Tuesday.A bomb squad was called in after a ... Read more...

Posted in World |

$8 mn burglary exposes corrupt Chinese official


December 22nd, 2011 - 9:22 pm ICT by IANS
Beijing, Dec 22 (IANS) The head of China's largest coking coal producer has been dismissed from service after it was revealed that burglars took away items worth 50 million yuan ... Read more...

Posted in World |

Combs, Simpson design Christmas tree for charity


November 15th, 2011 - 2:27 pm ICT by IANS
Los Angeles, Nov 15 (IANS) Singers Sean Combs and Jessica Simpson and real estate mogul Donald Trump have designed Christmas trees for a charity auction.The trio have designed the ... Read more...

Posted in Entertainment |

Man robs gold shop with fake gun


September 30th, 2011 - 2:22 pm ICT by IANS
Beijing, Sep 30 (IANS) A man armed with a fake gun robbed a gold shop in Shanghai. He told police he picked up the modus operandi from the movies.The suspect ... Read more...

Posted in Uncategorized |

25 kg gold seized from fake CBI officer


September 9th, 2011 - 8:15 pm ICT by IANS
Mumbai, Sep 9 (IANS) Around 25 kg of gold jewellery was seized from a locker owned by one of the two people who were arrested last month for cheating several ... Read more...

Posted in Uncategorized |

Spanish treasure found off Florida


March 29th, 2011 - 12:20 pm ICT by IANS
Miami, March 29 (IANS/EFE) A gold chain with a crucifix estimated to be worth $250,000 is part of the treasure on the 17th century Spanish galleon Nuestra Senora de Atocha ... Read more...

Posted in Health Science |

London bank directors to be sentenced for ‘turning blind eye’ to criminal’s deposits


March 4th, 2011 - 5:35 pm ICT by ANI
London, Mar 4 (ANI): Two directors of a corrupt safe deposit company in London will be sentenced today for running a 50 million pound 'treasure trove' for criminals.Milton Woolf and Jacqueline Swan ... Read more...

Posted in World |

Gold consumption up by 66 percent in 2010


February 18th, 2011 - 9:26 pm ICT by IANS
New Delhi, Feb 18 (IANS) World Gold Council's Indian chapter Friday reported that the country consumed 66 percent more of the precious metal in 2010 as compared to the previous year -- ... Read more...

Posted in Business |

On bookshelf: History, movies, and a window to India (IANS Books This Week)


February 17th, 2011 - 4:48 pm ICT by IANS
New Delhi, Feb 17 (IANS) The book shelf this week is a peppy combination of facts, fictions and human triumph. 1. Book: "India: A Traveller's Literary Companion"; Written by Chandrahas Choudhury; Published ... Read more...

Posted in Uncategorized |

ATMs Selling Gold Bars Coming To USA


September 28th, 2010 - 7:46 pm ICT by GD
By Ranjan Bhaduri Sep 28, (THAINDIAN NEWS) A German company known for installing and operating GOLD vending apparatus is soon going to introduce such machines in the United States and the machines will ... Read more...

Posted in World News |

E-trade of gold bars begins Aug 2


July 31st, 2010 - 5:42 pm ICT by IANS
Kolkata, July 31 (IANS) National Spot Exchange Limited (NSEL) and Shree Ganesh Jewellery House Limited (SGJHL) would launch electronic trading of gold bars and coins from Aug 2, a statement said here ... Read more...

Posted in Business |

Panel moots upping security for Tirupati jewels


June 18th, 2010 - 10:11 pm ICT by IANS
Hyderabad, June 18 (IANS) Former Supreme Court judge M. Jagannadha Rao has recommended several measures for strengthening security of the jewellery and valuables of Tirumala Tirupati Devasthanam (TTD), the trust that oversees ... Read more...

Posted in Uncategorized |

Now, ATM vending machine to sell souvenir gold bars


May 25th, 2010 - 11:53 pm ICT by IANS
Abu Dhabi, May 25 (IANS/WAM) The Emirates Palace Hotel Tuesday announced it will sell small souvenir gold bars engraved with the hotel's logo, through the world's first gold ATM vending machine it ... Read more...

Posted in Business |

Tripura police arrest Maharashtra youth with gold


May 11th, 2010 - 4:17 pm ICT by IANS
Agartala, May 11 (IANS) Tripura Police have busted an international gold smuggling racket with the arrest of a Maharashtra youth and recovered four gold bars worth Rs.1.2 million, an official said Tuesday. "Acting ... Read more...

Posted in Business |

Cop-led gang of blackmailers busted


April 27th, 2010 - 9:38 pm ICT by IANS
Gandhinagar, April 27 (IANS) A six-member gang, led by a police constable, using a woman to bait men and blackmail them has been busted by the crime branch in Ahmedabad and two ... Read more...

Posted in Uncategorized |

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