New York: US legal experts said it would be highly unusual for a federal court to reject the Department of Justice’s request to dismiss the criminal case against Indian billionaire Gautam Adani, after prosecutors set out detailed legal and policy reasons for seeking to drop the indictment. Under Rule 48(a) of the Federal Rules of…
Ayodhya: The Shri Ram Janmabhoomi Teerth Kshetra Trust currently holds over 30 kg of gold-like items and 1,518 kg of silver-like items, among other valuables donated by devotees, its treasurer, Swami Govind Dev Giri, said on Tuesday amid the row over alleged embezzlement of donations at the temple. Giri told PTI that all 2,926 valuable…
Mumbai: The rupee appreciated 15 paise to 95.28 against the US dollar in early trade on Tuesday on improved market sentiment after reports that Saudi Arabia has slashed August crude oil prices for Asia amid easing of geopolitical tensions in the Middle East. Forex traders said lower Middle East risk premium and higher traffic from…
New Delhi: India and the European Union (EU) are expected to complete the legal scrubbing of the free trade agreement text in the next 15-20 days, Commerce and Industry Minister Piyush Goyal said on Monday. India and the 27-nation bloc announced in January the conclusion of negotiations for the trade pact. After the legal scrubbing…
India’s Gold Monetisation Scheme (GMS) is a government programme that lets households, temples and institutions deposit physical gold with banks, get it tested and melted into standard bullion, and receive a deposit that pays interest in rupees and returns in gold or cash at maturity. In plain terms, it tries to turn “idle” home gold…
Ayodhya (UP): Facing flak over donation theft allegations, the Ram temple trust will hold its first meeting on Monday since the row erupted to decide on the resignations of its general secretary Champat Rai and member Anil Mishra and may be briefed on the interim findings of the Special Investigation Team (SIT). Ahead of the…
New Delhi: Gold prices are expected to remain firm next week as investors track key economic data from the US and other major economies for further clues on the Federal Reserve’s interest rate trajectory. Traders will closely watch US services PMI, trade data and weekly jobless claims, along with inflation figures from the Eurozone, China,…
Lucknow: Under the BJP, both India and Uttar Pradesh emerged from the “dark era of appeasement, corruption and misgovernance” that prevailed during the previous governments, party president Nitin Nabin said on Saturday. Addressing a meeting attended by Chief Minister Yogi Adityanath on the first day of his two-day visit to Uttar Pradesh, Nabin urged party…
Hyderabad: Premium jewellery retailer Sitaare Gold and Diamonds Ltd. has appointed actress Tamannaah Bhatia as its brand ambassador, marking a key milestone in the company’s expansion and branding strategy. A leading star in Telugu, Tamil and Hindi cinema, Tamannaah is known for her elegance and strong connect with audiences across the country. The company said…
New Delhi: India and France on Friday agreed to deepen cooperation in critical minerals, investment and financial connectivity as Finance Minister Nirmala Sitharaman and her French counterpart Roland Lescure co-chaired the India-France Economic and Financial Dialogue (EFD) in Aix-en-Provence. “As the economic relationship between India and France deepens within the broader framework of the special…
