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Mumbai: India's top gold jewellery and bullion trading lobby has demanded regulatory intervention to make the country's largest commodity exchange and mutual funds accept Indian-refined gold and silver bars. Making Indian-refined bullion bars (India Good Delivery) acceptable by Multi-Commodity Exchange of India (MCX) and exchange-traded funds would be in line with Prime Minister Narendra Modi's "vocal for local" exhortation and would save precious foreign exchange, the India Bullion & Jewellers ...Read More >
NEW DELHI: In a corruption case dating back over four decades, the Delhi High Court has granted relief to a 90-year-old former government officer, commuting his sentence to the period already undergone, just one day in custody, citing extraordinary delay and the man's fragile health. The case concerned Surendra Kumar, who was working as Chief Marketing Manager at the State Trading Corporation of India (STC) when he was arrested in 1984 on allegations of demanding a bribe of Rs 15,000 from a sup ...Read More >
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