Gold hallmarking gets costlier by 67% as BIS raises fee from Rs 45 to Rs 75, silver stays at Rs 35; new rates take effect ahead of festive season

Jewellers will now have to pay Rs 75 for hallmarking each gold article, with a minimum charge of Rs 200 for every consignment. Ahead of the festive season, the price of hallmarking gold articles has been raised by the Bureau of Indian Standards (BIS). Earlier gold hallmarking cost was at Rs 45. Now it has…

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RBI’s FAQs keep Tata Sons boxed

RBI’s FAQ clarifies why Tata Sons remains an NBFC despite being debt-free and having no direct public borrowings. MUMBAI: Even as Reserve Bank of India rejected Tata Sons’ application to surrender its registration as an NBFC in a terse letter on Friday, it updated its FAQ on NBFCs on Monday, setting out the regulatory provisions…

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Busy Thursday: 6 listings & a mega IPO

Day will also witness the listing of six companies after their IPO bids closed last week MUMBAI: Thursday is going to be a busy day for Dalal Street. While the much-awaited NSE IPO will open for subscription, the day will also witness the listing of six companies after their IPO bids closed last week.These companies,…

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