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The 3.5 kgs gold, which has been seized, is assessed to be worth Rs 92.87 lakh. Both the accused have been arrested, Garg said. (Representational Image)

Immediately pay interest on gold under GMS: RBI to banks

Gold can be deposited under the GMS with a designated bank in the account of the Central government.

17 Oct 2017 8:31 PM IST

The confluence of stable prices, upcoming wedding season and pent-up demand made this Akshaya Tritiya memorable for the gold and jewellery sector, which saw demand bouncing back after a gap of two years. Jewellers across the country witnessed on an average 15 to 20 per cent growth in sales over last year.

Early gold bond buyers reap handsome returns

The government till now has come out with 27 issues of gold bond and the total quantum of gold bought through these...

10 May 2019 4:17 AM IST

Jewellery demand and gold investment demand also declined in the first quarter. (AFP Photo)

India's Jan-Mar gold demand falls 36% due to volatile prices, economic...

Jewellery demand and gold investment demand also declined in the first quarter and going ahead it could be a...

30 April 2020 2:19 PM IST