Free Press Journal
  • Bizman looted of gold worth Rs 22L

    Mumbai : A businessman in Wadala named Yash Shah was looted of gold worth Rs 22 lakh. The theft is said to have been conducted between November 12 and November 14.

  • Gold

    A gold scheme guide for common person

    On November 5, 2015, the Government of India introduced three schemes on gold: (i) Gold Monetisation Scheme (GMS) (ii) Indian Gold Coin Scheme (IGCS) and (iii) Sovereign Gold Bond Scheme (SGBS). In many ways these schemes are path-breaking and, if operated properly and marketed well, could bring about a fundamental change in the Indian gold economy.

  • Gold, silver rise on jewellers buying

    New Delhi : Extending its gains for the third straight day, gold prices advanced by Rs 15 to Rs 26,250 per ten grams at the special ‘Diwali Muhurat’ trading on increased buying by jewellers, driven by the ongoing festive season.

  • Four robbers loot woman at knife-point

    Indore : Four armed miscreants barged into a house in broad daylight on Saturday, threatened a woman with a knife and snatched keys to the almirahs and robbed gold and silver ornaments worth Rs 12 lakh.

  • Make a dhamaka

    Be on the right side with jewellery this Diwali. Sapna Sarfare speaks to Aakash Barmecha of Yoube Jewellery of what to wear this festival of light and look your best.

  • Dynamic Dilisha dazzles all the way

    Mumbai : Dilisha Debnath, a student of Vibgyor High School, Goregaon (West) studying In the CIE section, Grade 1 has earned several accolades in Inline Skating. In the year 2015, at the age of 6 years, she has won seven Gold, Silver and Bronze Medals. She passed District Level and will represent in State Level Skating Championship. Her School Principle, Mr. Shim Matthew has encouraged & wished her all the best for future

  • Gold rises

    Gold futures slide as Fed hints at rate hike in Dec

    New Delhi: Gold futures today fell 0.98 per cent to Rs 26,808 per 10 grams as speculators reduced their bets amid a weak global trend. In futures trading at Multi Commodity Exchange, gold for delivery in December fell Rs 271, or 0.98 per cent, to Rs 26,808 per 10 gram, in a business turnover of 1,909 lots. Similarly, metal prices for delivery in far-month February 2016 declined Rs 156, or 0.94 per cent, to Rs 27,039 per 10 gram in 33

  • India overtakes China, becomes biggest gold consumer: Survey

    Mumbai : India regained its top position from China as the biggest overall consumer of gold in the first nine months this year with a total consumption of 642 tonnes, a survey said. China is trailing by just 63 tonnes at total consumption of 579 tonnes in the first nine months, according to GFMS Gold Survey Q3 2015 Review and Outlook.

  • Non-gazetted post sop elicits Opposition flak

    New Delhi : The seemingly innocuous announcement by the Prime Minister – that there will be no more interviews for non-gazetted government posts after 2016 – ran into political turbulence with Bihar’s grand alliance partners accusing Modi of violating the model code of conduct. The thrust of the charge was that the announcement would in effect lead to end of the reservation policy, a call for which had come from none other than RSS

  • Gold down

    Gold futures down on weak global cues

    New Delhi: Amid a weak trend overseas and subdued demand at domestic spot market, gold prices fell 0.30 per cent to Rs 26,925 per 10 grams in futures trade today. At the Multi Commodity Exchange, gold for delivery in December eased Rs 81, or 0.30 per cent, to Rs 26,925 per 10 gram in a business turnover of 194 lots. Likewise, the metal for delivery in far-month February 2016 contract was trading down by Rs 75, or

  • With MBMT on verge of collapse, ST buses offer lifeline to Uttan

    Bhayander : The adage Old is Gold applies for people living in and around the coastal villages of Uttan near Bhayandar. With the so-called privately operated high-tech public transport system of the Mira Bhayandar Municipal Corporation (MBMC) on the verge of collapse, it’s the good old State Transport (ST) buses that have come to the rescue of harried commuters.

  • Gold rises

    Gold, silver fall on lower offtake, global cues

    Mumbai: Gold prices extended its fall at the domestic bullion market here on subdued offtake from stockists and investors amid lower local buying interest, also mainly triggered by sustained fall at the international markets.Silver also slid following speculative selling and lacklustre industrial demand.

  • Gold, Silver

    Gold, silver recover on pick up in demand

    New Delhi: Gold prices recovered by Rs 100 to settle at Rs 27,250 at the bullion market today on fresh buying by jewellers to meet seasonal demand even as the yellow metal weakened overseas. Silver also edged up by 60 to Rs 37,300 per kg on pick up in demand from industrial units and coin makers.

  • Gold

    Gold down on stronger dollar 

    Chicago: Gold futures on the COMEX division of the New York Mercantile Exchange fell on Friday as the US dollar showed strength. The most active gold contract for December delivery fell $4.4, or 0.37 percent, to settle at $1,183.10 per ounce, reported Xinhua.

  • Gold

    Gold futures down 0.43% on weak global cues

    New Delhi: Amid a weak trend overseas and profit-booking by speculators, gold prices fell 0.43 per cent to Rs 27,360 per 10 grams in futures trade today. At the Multi Commodity Exchange, gold for delivery in far-month February next year eased Rs 117, or 0.43 per cent, to Rs 27,360 per 10 grams, in a business turnover of 17 lots. On similar lines, the metal for delivery in December shed Rs 109, or 0.40 per

  • Majority of gold from Dubai, and Singapore smuggled into India

    Chennai : With demand for gold increasing in the country, majority of gold from Dubai and Singapore are being smuggled into India due to the price differentiation, a senior Directorate of Revenue Intelligence official said. DRI authorities over the recent past have seized several kilos of gold in Southern cities and last week 31.75 kg of gold valued at Rs 8.43 crore was seized at Madurai airport in Tamil Nadu. The officials said

  • Gold monetisation, bond schemes to be launched in Nov

    New Delhi : The government will next month launch two gold schemes – monetisation and sovereign bond – to rein in demand for physical gold and contain its import.

  • Rs 8.43 cr gold haul at Madurai airport

    Chennai : In one of the largest seizures of smuggled gold, sleuths of the Directorate of Revenue Intelligence (DRI) on Saturday afternoon busted a gang and recovered 31.758 kgs of gold valued at an estimated Rs 8.43 crore at the Madurai International Airport.

  • Govt to borrow Rs 2.49L cr in October-March

    Mumbai : The government will raise Rs 2.49 lakh crore through market borrowings, including Rs 15,000 crore via sovereign gold bonds, in the second half of current fiscal year ending March 2016.

  • Gold down

    Gold suffers fresh setback on heavy unwinding, global cues

    Mumbai: Gold retreated sharply from its near one-month high at the domestic bullion market here due to renewed selling by jewellery stockists and speculators in the face of global meltdown. Elsewhere, silver tumbled to close below the key Rs 36,000 mark on the back of massive sell-off on subdued industrial demand.