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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

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

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

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

MS University fixes Rs 2 lakh for institution of gold medals

Instituting gold medals at MS University will now be a costly affair. MSU's syndicate members have decided to revise the rate of gold medals that will be awarded to students.For instituting new gold medals, a donation of Rs 2 lakh will be required. The new gold medals that will be instituted will be awarded for 25 years.For the gold medals instituted before 1986, the balance amount after deducting...
Source : Times Of India |
Category : City | City : Vadodara

Indian dupes some 500 haj pilgrims in Saudi Arabia

Indian in Saudi Arabia allegedly duped some 500 pilgrims of nearly $400,000 through a fake Hajj campaign in Jeddah.JEDDAH: An Indian national in Saudi Arabia has allegedly duped some 500 pilgrims of nearly $400,000 through a fake haj campaign in Jeddah, prompting authorities to launch a manhunt for him.They were informed by the Indian in mid-September that they will have tents in Mina and receive free...
Source : Times Of India |
Category : Headlines

Relatives identify Indian`s body in Jeddah

Riyadh: An Indian, whose body was found in the Saudi Arabian city of Jeddah, has been identified by his relatives.Haneef Muhammad, 62, a mechanical engineer from Kerala, was found charred to death Feb 18 in Jeddah's Sharafiyah district. His body was identified by his relatives Sunday, the Saudi Gazette reported on Tuesday.Muhammad's sister and other relatives said that the body would be buried in Jeddah...
Source : Zeenews |
Category : National

Relatives identify Indian's body in Jeddah

Indian, whose body was found in the Saudi Arabian city of Jeddah, has been identified by his relatives.Haneef Muhammad, 62, a mechanical engineer from Kerala, was found charred to death Feb 18 in Jeddah's Sharafiyah district. His body was identified by his relatives Sunday, the Saudi Gazette reported Tuesday.Muhammad's sister and other relatives said that the body would be buried in Jeddah after c...
Source : Prokerala |
Category : City | City : National