Government cuts import tariff on gold and silver
NEW DELHI: The government has slashed import tariff value on gold to $375 per 10 grams and silver to $512 per kg following weak global price trends. During the first fortnight of the month, the tariff value on imported gold was fixed at $393 per 10 grams and on silver at $549 per kg. The import... read more »
Last chance to Sahara to negotiate deal for Subrato Roy’s release: SC
New Delhi: Sahara Group on Friday was granted the third and last opportunity by the Supreme Court to negotiate a deal for selling its offshore properties for raising Rs 10,000 crore to ensure the release of its Chief Subrato Roy, who has been in jail for a year for non-refund of over Rs 20,000... read more »
Nigeria: Boko Haram bomb factory uncovered in troubled northeast
Nigerian troops discovered a Boko Haram bomb factory this week after they seized a northern town from the extremists, the military said. The factory was tucked inside a fertilizer company in Buni Yadi town in Yobe state, according to officials. Islamist fighters took over the town in August, one of... read more »
Maldives’ Ex-President Convicted, Calls for Protests
A former president of the Maldives called on his supporters to go out in the streets to protest his imprisonment after a quick and disputed trial that raised fears of more instability in the Indian Ocean nation. A three-judge panel ruled Friday that Mohamed Nasheed, the country’s first... read more »
