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Export of 24 carat gold may be banned

24 carat gold

The Government of India is considering banning the export of 24 Carat Gold. In India, mostly gold coins and bars were made using this proposition which is 99.9% pure and commands a greater value. Across the World, only China has 24 Carat and no other country has this. The decision is mulled in order to prevent misuse of bank funds meant ... Read More »

Bhavani Devi wins Gold in Fencing

Bhavani Devi, Indian fencer struck gold in the Turnoi Satellite Fencing Championship at Reykjavik (Iceland). Bhavani Devi, who hails from Chennai, defeated Great Britain’s Sarah Jane Hampson 15-13. This made her the first Indian to win a Gold Medal in the international fencing competition where earlier she had won a Silver medal making her to enter into the record books. Fencing is ... Read More »

Indian Men’s team wins Gold in World Cup Archery

Indian Men’s team scripted history by winning the Gold in World Cu Archery that is being held in China. India has defeated Iran in the quarter finals, USA in the Semi Finals and Colombia in the Finals. While it was a Gold for the men’s team, women’s team did not even get a podium finish.  India were represented by Abhishek ... Read More »

Huge stash of cash, jewellery seized in raids of Haryana MLA’s firms

The firms allegedly owned by Jind Jasbir Deswal, an independent MLA from Haryana revealed stash of cash of Rs. 8 Crores and jewels of Rs.2 Crores. He has been issued with notice from the IT dept asking him to appear before it in what could probably be the case of tax evasion. On receiving the tip of  unaccounted cash sales and ... Read More »

DRI intercepts 6.14kg of Gold near Chennai

In a major catch in the recent days, The Directorate of Revenue Intelligence(DRI) on Wednesday who has conducted a surprise raid has recovered 6.14 kgs of gold. The estimated worth in the market is Rs 1.79 crore. The DRI officials has detained two persons connected with this. The gold was found near Chennai when the two suspects have boarded a train ... Read More »

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