World gold rate today

​Due to the intensive counter-smuggling efforts by DRI, the smugglers have been seen to shift their preferred modus from vehicle concealment to in-person concealment. However, in the latest operation, codenamed “Golden Triangle”, which was a coordinated effort by the officers of Delhi Zonal Unit and Lucknow Zonal Unit of DRI, the modus of human concealment has also been busted where the carriers were found to have been concealing the gold bars in belts worn around their waists. Five such passengers were intercepted by officers of DRI, Delhi Zonal Unit near Delhi and three passengers were intercepted by the officers of DRI, Lucknow Zonal Unit at Lucknow. ​The search of the persons resulted in recovery and seizure of 335 gold bars, weighing 55.61 kgs. The said 8 persons have been apprehended and further investigations are underway. … [Read more...] about DRI busted Indo-Myanmar gold smuggling racket: 55.61 kg gold seized, 8 arrested

Both the accused arrested by NIA were among the main conspirators in the commission of crime and they were working in Riyadh and were friends of the couriers (already arrested) and had established a well-planned network for smuggling of gold from Riyadh to India. … [Read more...] about NIA arrests two more in Jaipur gold smuggling case, 11 so far

The first edition of the ETHealthworld.com India Pharmaworld Summit is an initiative to address the challenges and opportunities experienced by the Indian pharmaceutical industry, especially during the pandemic. This is a day-long event, consisting of 7 detailed discussions, addressing different aspects of the pharma industry and 6 individual presentations touching upon crucial points of the industry. The event commences at 10 AM today. The summit kickstarts with a keynote address by Dr. Shekhar Mande, Secretary, DSIR & Director General, CSIR in which he will share his expert opinion on what this pandemic has taught the world, followed by a partner presentation by Koki Sato - General Manager, Takeda who will give a brief insight on the rare genetic diseases in India and the significance of collaboration. Around 10:30 AM, Vikas Dandekar, Editor (Health & Pharma), ETPrime.com will moderate the panel titled ‘India Gearing for Vaccination’ with the most distinguished … [Read more...] about Witness the Makers & Creators of the Indian Pharma Industry on our Platform TODAY

In a statement today, S&P Global Ratings said that Bajaj Finance Ltd. (BFL; BB+/Stable/B) has sufficient financial headroom to withstand moderate downside risks over the next 12 months from tough operating conditions. The ratings on BFL reflects the company's comfortable capital levels, strong market position in consumer durables and two- and three-wheeler financing, and adequate liquidity. They factor in a potential weakening in asset quality and elevated credit costs, providing a cushion to downside risks.BFL's performance in the third quarter of fiscal 2021 (ending March 31, 2021) was broadly in line as expected. Return on average assets (ROAA) fell to 2.9% on an annualized basis for the nine months ending Dec. 31, 2020, from 4.5% in the same period last year. The sharp dip in ROAA was due to lower business volumes, pressure on its margins, and a sharp rise in credit costs.BFL's performance is expected to remain better than the industry average. The company's nonperforming loan … [Read more...] about Bajaj Finance has a strong market position, comfortable capital level & adequate liquidity: S&P Global Ratings

Mumbai: While the focus is on Covid-19 vaccination, civic officials have noticed a positive development as far as the pandemic is concerned: The positivity rate for diagnostic tests has dipped below 4% for the last four days.The positivity rate indicates how widespread viral fever is in the community. On January 20, city laboratories conducted 15,672 tests and found 3.9%. The positivity rate was lowest on January 19 when 18,867 tests were performed and 577 (3%) tested positive. On January 17 and 18, the positivity rate was 3.8%. “We haven’t gone beyond 5% since January 11,’’ said a senior BMC official. Additional municipal commissioner Suresh Kakani said the Covid-19 situation is under control in the city. “We have been conducting over 16,000 tests on an average every day,” he said.In the early phase of the pandemic, the positivity rate was between 20% and 30%. On Thursday, the overall positivity since March was 11.44%. “In Mumbai, we have … [Read more...] about Positivity rate for Covid-19 dips below 4% in Mumbai