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NSEL crisis: EOW to attach immovable assets of Shah, Massey

The EOW getting ready to attach property Shah, Massey and other directors of the spot exchange paralyzed

EOW Mumbai police probing Rs 5,600 crore payout scam involving disbursement the National Spot Exchange Ltd (NSEL) has granted all 166 debtors properties logged so far and is all set for attach immovable assets of the directors NSEL, including Jignesh Shah ...

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Jewellers Gold coin sales start in India but in small sizes

Gold coin sales start in India but in small sizes

Jewellers all over India are in no mood to hear to Chidambaram finance minister’s request to terminate the production and sale of gold coins in the country. After stopping the sale of gold coins almost four months since July jewelers ...

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NSEL crisis: Financial Technologies Jignesh Shah gets emotional over SMX parting

NSEL crisis: Financial Technologies Jignesh Shah gets emotional over SMX parting

The emotional pitch increased the sale of its headquarters in Singapore SMX bag, Financial Technologies CEO and managing director Jignesh Shah today expressed feelings “mixed” on the way to say goodbye to an asset that had fed as a global ...

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Gold prices under pressure as equities glitter

Gold under pressure as equities glitter

The prices of gold in the domestic spot and the futures market is likely to come under pressure with the recovery of equity markets attracting investors from bullion market. Dow Jones Industrial Average and S & P’s 500 Index hit ...

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Gold traders struggle to meet wedding season demand

India struggled to get supplies despite paying high premiums amid the wedding season

Most gold traders in India, the world’s largest buyer of the metal, struggled to get supplies despite paying high premiums amid the wedding season. * India has imposed restrictions on the supply of gold, the largest import non-essential element, by ...

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Financial Technologies, MCX India shares rise up 12% on heavy volumes

Financial Technologies, MCX India shares rise up 12% on heavy volumes

Shares of Financial Technologies (India) and Multi Commodity Exchange of India (MCX) is rise up more than 12% each on the rear of heavy volumes on the Bombay Stock Exchange (BSE). Financial Technologies (India) rose 18% to Rs 178 on ...

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Gold smuggling into India glittering: WGC makes it official!

Global demand for the metal in India declined in the Q3 : WGC report

Tilting of India for gold is an old hat. In this sense, no matter how many restrictions Finance Minister P Chidambaram could have implemented in recent years to curb demand, the government continues to dazzle in the glow of the ...

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Bullion market: Gold firms up on seasonal demand; silver slides

Bullion market: Gold firms up on seasonal demand; silver slides

The prices of gold firmed up further at the domestic bullion market today on constant demand driven by good retail retailers outside taking in the context of the ongoing marriage season. Silver continued its downtrend to slide further speculative selling ...

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