Assam Launches Financial Scheme For Buying Gold For Brides
India News | Written by Ratnadip Choudhury | Friday September 25, 2020
Ahead of next year's assembly election in the state, the Assam government on Thursday launched its Arundhati Gold Scheme, a promise the government made in 2019. Under this scheme, the state government provides financial assistance up to Rs 40,000 for buying gold to newly married couples who have applied for the scheme. The first lot of financial as...
Cheating Complaint Against Shilpa Shetty, Husband For Allegedly Defrauding Investor: Cops
India News | Press Trust of India | Thursday March 5, 2020
A complaint of cheating was lodged against Bollywood actor Shilpa Shetty Kundra, her husband Raj Kundra and others for allegedly defrauding an investor in a gold scheme, the police said on Thursday.
Assam To Give 10 gm Of Gold To Every 10th Pass Bride
India News | Press Trust of India | Wednesday November 20, 2019
The Assam government on Wednesday announced that it will gift 10 grams of gold to every adult bride, if she has studied at least up to class 10 and her marriage is registered.
Government Not Considering Gold Amnesty Scheme: 10 Things To Know
Business | Reported by Himanshu Shekhar Mishra, Edited by Abhishek Vasudev | Thursday October 31, 2019
The government is not considering any gold amnesty scheme, Finance Ministry sources said on Thursday. The clarification by Finance Ministry officials followed media reports that had suggested the government was planning a gold amnesty scheme as part of its efforts to unearth unaccounted wealth stashed in the form of yellow metal. The reports had sa...
Looking To Invest In Gold? Here Are Four Options You Can Choose From
Business | NDTV Profit Team | Friday August 2, 2019
Besides physical gold, a range of gold-based financial products are available today, such as gold ETFs (exchange traded funds), and gold schemes such as gold-denominated bonds.
Gold Bond Scheme To Open Next In August And September. Here's How To Invest
Business | NDTV Profit Team | Saturday July 20, 2019
Gold bond scheme: Sovereign Gold Bond is a certificate scheme in which the Reserve Bank of India issues bonds on behalf of Government of India, through scheduled commercial banks, Stock Holding Corporation of India (SHCIL), designated post office branches, and stock exchanges NSE and BSE.
From Investment Limit To Redemption Price, All You Need To Know About Sovereign Gold Bonds
Business | NDTV Profit Team | Tuesday June 11, 2019
Sovereign Gold Bond or SGB is a certificate scheme in which the Reserve Bank of India issues bonds on behalf of Government of India. The gold bonds will be issued every month from June till September this year, according to a statement by the Ministry of Finance. Here are some details to know about the Sovereign Gold Bond scheme, which offers the b...
Akshaya Tritiya 2019: Jewellers Offering Up To 30% Off On Sale Of Gold Jewellery
Business | NDTV Profit Team | Tuesday May 7, 2019
Akshaya Tritiya: Akshay Tritiya, an auspicious day for making investment in gold, property and other asset classes, has led to jewellers offering up to 30 per cent discount on sale of gold jewellery
This SBI Gold Scheme Works Like A Fixed Deposit (FD)
Business | NDTV Profit Team | Tuesday March 5, 2019
State Bank of India or SBI, the country's largest lender, also offers a special type of fixed deposit (FD) scheme denominated in gold. Under R-GDS or Revamped Gold Deposit Scheme (R-GDS), the customer can deposit the idle gold to earn an interest, according to SBI's website - sbi.co.in. Individuals, proprietorship and partnership firms, Hindu undiv...
Director Of Firm Arrested For Allegedly Cheating People With Gold Schemes
Hyderabad News | Press Trust of India | Tuesday October 16, 2018
The director of Heera Group engaged in mobilising investments through gold schemes offering a high rate of interest has been arrested for allegedly cheating depositors, the police said on Tuesday. Nowhera Shaik, heading 15 different group companies spread across different parts of the country, was arrested on Monday in New Delhi and brought to Hyde...
Famous Chennai Jeweller Closes Down, Promises Refunds To Customers
Chennai News | Reported by J Sam Daniel Stalin, Edited by Amrita Ray | Wednesday October 25, 2017
One of Chennai's biggest jewelers has closed down all seven of its shops in Tamil Nadu, citing losses and a cash crunch.Their statement issued to customers merely cites financial crash crunch and does not mention that quantum of money it owes customers.
Government Mobilises Over 3 Tonnes Of Gold Under Monetisation Scheme
Business | Press Trust of India | Thursday July 14, 2016
The government on Thursday said it has netted 3.1 tonnes of idle household and temple gold under the monetisation scheme since its launch in November 2015.
Gold Bond Investors Make 19% Gain in Eight Months. Should You Invest Now?
Business | NDTV Profit Team | Saturday June 18, 2016
Investors in gold bond scheme should be happy today. These bonds earlier this week made their debut on stock exchanges.
Gold Monetisation Scheme: RBI Allows Premature Withdrawal
Business | Press Trust of India | Friday January 22, 2016
In an effort to make the Gold Monetisation Scheme more customer-friendly, the Reserve Bank of India has said depositors will be able to withdraw medium-term (5-7 year) and long-term government deposits (12-15 years) prematurely after the minimum lock-in period, though with a penalty.
Siddhivinayak Temple Set To Give PM Modi's Gold Scheme a Boost
Business | Thomson Reuters | Thursday December 10, 2015
Mumbai's two-century-old Shree Siddhivinayak temple is considering depositing some of its 160 kilogrammes (kg) of gold with banks, according to a spokesman.
Assam Launches Financial Scheme For Buying Gold For Brides
India News | Written by Ratnadip Choudhury | Friday September 25, 2020
Ahead of next year's assembly election in the state, the Assam government on Thursday launched its Arundhati Gold Scheme, a promise the government made in 2019. Under this scheme, the state government provides financial assistance up to Rs 40,000 for buying gold to newly married couples who have applied for the scheme. The first lot of financial as...
Cheating Complaint Against Shilpa Shetty, Husband For Allegedly Defrauding Investor: Cops
India News | Press Trust of India | Thursday March 5, 2020
A complaint of cheating was lodged against Bollywood actor Shilpa Shetty Kundra, her husband Raj Kundra and others for allegedly defrauding an investor in a gold scheme, the police said on Thursday.
Assam To Give 10 gm Of Gold To Every 10th Pass Bride
India News | Press Trust of India | Wednesday November 20, 2019
The Assam government on Wednesday announced that it will gift 10 grams of gold to every adult bride, if she has studied at least up to class 10 and her marriage is registered.
Government Not Considering Gold Amnesty Scheme: 10 Things To Know
Business | Reported by Himanshu Shekhar Mishra, Edited by Abhishek Vasudev | Thursday October 31, 2019
The government is not considering any gold amnesty scheme, Finance Ministry sources said on Thursday. The clarification by Finance Ministry officials followed media reports that had suggested the government was planning a gold amnesty scheme as part of its efforts to unearth unaccounted wealth stashed in the form of yellow metal. The reports had sa...
Looking To Invest In Gold? Here Are Four Options You Can Choose From
Business | NDTV Profit Team | Friday August 2, 2019
Besides physical gold, a range of gold-based financial products are available today, such as gold ETFs (exchange traded funds), and gold schemes such as gold-denominated bonds.
Gold Bond Scheme To Open Next In August And September. Here's How To Invest
Business | NDTV Profit Team | Saturday July 20, 2019
Gold bond scheme: Sovereign Gold Bond is a certificate scheme in which the Reserve Bank of India issues bonds on behalf of Government of India, through scheduled commercial banks, Stock Holding Corporation of India (SHCIL), designated post office branches, and stock exchanges NSE and BSE.
From Investment Limit To Redemption Price, All You Need To Know About Sovereign Gold Bonds
Business | NDTV Profit Team | Tuesday June 11, 2019
Sovereign Gold Bond or SGB is a certificate scheme in which the Reserve Bank of India issues bonds on behalf of Government of India. The gold bonds will be issued every month from June till September this year, according to a statement by the Ministry of Finance. Here are some details to know about the Sovereign Gold Bond scheme, which offers the b...
Akshaya Tritiya 2019: Jewellers Offering Up To 30% Off On Sale Of Gold Jewellery
Business | NDTV Profit Team | Tuesday May 7, 2019
Akshaya Tritiya: Akshay Tritiya, an auspicious day for making investment in gold, property and other asset classes, has led to jewellers offering up to 30 per cent discount on sale of gold jewellery
This SBI Gold Scheme Works Like A Fixed Deposit (FD)
Business | NDTV Profit Team | Tuesday March 5, 2019
State Bank of India or SBI, the country's largest lender, also offers a special type of fixed deposit (FD) scheme denominated in gold. Under R-GDS or Revamped Gold Deposit Scheme (R-GDS), the customer can deposit the idle gold to earn an interest, according to SBI's website - sbi.co.in. Individuals, proprietorship and partnership firms, Hindu undiv...
Director Of Firm Arrested For Allegedly Cheating People With Gold Schemes
Hyderabad News | Press Trust of India | Tuesday October 16, 2018
The director of Heera Group engaged in mobilising investments through gold schemes offering a high rate of interest has been arrested for allegedly cheating depositors, the police said on Tuesday. Nowhera Shaik, heading 15 different group companies spread across different parts of the country, was arrested on Monday in New Delhi and brought to Hyde...
Famous Chennai Jeweller Closes Down, Promises Refunds To Customers
Chennai News | Reported by J Sam Daniel Stalin, Edited by Amrita Ray | Wednesday October 25, 2017
One of Chennai's biggest jewelers has closed down all seven of its shops in Tamil Nadu, citing losses and a cash crunch.Their statement issued to customers merely cites financial crash crunch and does not mention that quantum of money it owes customers.
Government Mobilises Over 3 Tonnes Of Gold Under Monetisation Scheme
Business | Press Trust of India | Thursday July 14, 2016
The government on Thursday said it has netted 3.1 tonnes of idle household and temple gold under the monetisation scheme since its launch in November 2015.
Gold Bond Investors Make 19% Gain in Eight Months. Should You Invest Now?
Business | NDTV Profit Team | Saturday June 18, 2016
Investors in gold bond scheme should be happy today. These bonds earlier this week made their debut on stock exchanges.
Gold Monetisation Scheme: RBI Allows Premature Withdrawal
Business | Press Trust of India | Friday January 22, 2016
In an effort to make the Gold Monetisation Scheme more customer-friendly, the Reserve Bank of India has said depositors will be able to withdraw medium-term (5-7 year) and long-term government deposits (12-15 years) prematurely after the minimum lock-in period, though with a penalty.
Siddhivinayak Temple Set To Give PM Modi's Gold Scheme a Boost
Business | Thomson Reuters | Thursday December 10, 2015
Mumbai's two-century-old Shree Siddhivinayak temple is considering depositing some of its 160 kilogrammes (kg) of gold with banks, according to a spokesman.
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