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Duty refund rate raised by 31%

duty drawback rate on gold jewellery stands at Rs 227.20 per gram of net gold content.Finance Ministry has increased the duty refund rate by nearly 31%, according to reports.The duty drawback rate on gold jewellery stands at Rs 227.20 per gram of net gold content.The rate also revised for silver jewellery to Rs 3,436.80 a kg of net silver content.It's...
Source : Indiainfoline |
Category : Business

Gold body mulls working with exchange on rate benchmark

The London Bullion Market Association is considering whether to partner with an exchange to produce its gold-lending reference rate to ensure it can meet tighter rules coming on financial benchmarks, its new head said.The Gold Forward Offered Rate (GOFO), the equivalent of LIBOR for the gold market, is used as a benchmark for dealers, central banks and others to swap gold for U.S. dollars with miners...
Source : Yahoo Finance |
Category : Personal Finance | City : London

Muthoot Finance launches ‘Muthoot Advantage Loan’ scheme

scheme offers a highest per gram rate which is 75% of gold value with an initial rate of interest of 18 % p.a. This scheme offers a highest per gram rate which is 75% of gold value with an initial rate of interest of 18 % p.aUnder this scheme customers can avail the loan instantly without any documentation fee, processing fee or weight deductions with the additional feature of zero appraisal charges...
Source : Indiainfoline |
Category : Business | City : Mumbai

Agricultural Plot / Land for sale in Markapur, Prakasam

and Bypass road,and near to my land agri gold venture is also there.rate is total 1.25 croreAll...
Source : Propertywala |
Category : Property | City : Prakasam

Saudi beggar dies leaving million-dollar fortune behind

JEDDAH: A 100-year-old woman in Saudi Arabia, who spent decades begging on the streets, has died leaving behind a secret fortune of gold coins, jewellery and a real estate portfolio worth a whopping $10,66,580.The blind woman had begged for 50 years on the streets of Jeddah, before she suddenly died at her home, leaving behind a sizable fortune.Known as Eisha, the beggar had amassed a fortune valued...
Source : Times Of India |
Category : Headlines

Gold bars 387 grams worth Rs 11 lakh seized at RGIA

Customs Officials at Rajiv Gandhi International Airport, Shamshabad here today seized 387 grams of gold bars worth Rs 11 lakh from an air passenger. The gold bars were seized from Shaik Chan Bhasha, who arrived from Jeddah by Air India Airlines Flight AI-964, according to Customs officials from RJIA. The passenger hailing from Proddutur had concealed the four gold bars in his baggage....
Source : Webindia123 |
Category : Headlines

Flash of Purple Reveals Saudi Progress on Women’s Rights

Saudi woman spins cotton at the crafts market of Okaz in the Red Sea port city of Jeddah.A Saudi woman spins cotton at the crafts market of Okaz in the Red Sea port city of Jeddah.A Saudi woman spins cotton at the crafts market of Okaz in the Red Sea port city of Jeddah.The flash of purple abayas at aconference in Saudi Arabia’s second-largest city, Jeddah, wasmore than a fashion statement. It’s a...
Source : Bloomberg |
Category : Health

Jeddah: Palestinian President Mahmoud Abbas meets with Saudi Arabia's King Abdullah bin Abdulaziz ..

Jeddah: Palestinian President Mahmoud Abbas meets with Saudi Arabia's King Abdullah bin Abdulaziz...
Source : Prokerala |
Category : Photos | City : National
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