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Showing posts with the label Gold Rate Today (June 16)

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Sun TV Family feud: Dayanidhi Maran MP, DMK, issues legal notice to his billionaire brother Kalanithi Maran

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  Sun TV Family feud: Dayanidhi Maran MP, DMK, issues legal notice to his billionaire brother Kalanithi Maran Sun TV Family feud: Dayanidhi Maran MP, DMK, issues legal notice to his billionaire brother Kalanithi Maran A legal notice has been served by former Union Minister and DMK MP Dayanidhi Maran to his brother Kalanithi, which raises a family feud among the proprietors of the Sun TV Network Limited which is one of the largest media networks in India. The notice is based on an allegation that Kalanithi Maran, a billionaire brother of Dayanidhi Maran, the chairman of the Chennai based media conglomerate, indulged in what the latter terms as an act of fraudulent practices by enaging in practices such as cheating and money laundering. It also calls to restore the existing shareholding structure of the company to that obtained in 2003 including legacy of their deceased father SN Maran (better known as Murasoli Maran) and wife MK Dayalu of former Tamil Nadu Chief Minister M Karunanid...

Gold Rate Today (June 16): Check Out Gold Prices In Delhi, Mumbai, Bengaluru, Ahmedabad, More Cities

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  Gold Rate Today (June 16): Check Out Gold Prices In Delhi, Mumbai, Bengaluru, Ahmedabad, More Cities Gold Prices Today: India is the second-largest market of gold consumers in the world, but right after China, and it relies on imports almost solely, and the recycles do not play an important role. The global market trend and domestic economy contribute to the production of domestic prices of gold. Gold price is traded using US dollars and as such, change of the exchange rate will directly affect Indian prices. The retail prices are also increased by high import duties and a taxation structure that builds on one another. Though gold can be said to be a conventional hedge against inflation its prices are also influenced by changes in bond yields and fluctuations in currencies. Nevertheless, these sensitivities have not taken the value of gold that is still an attraction to investors in times of financial discomfort to find refuge in the sturdy metal to keep the status of gold as a s...