Zaveri Bazaar

The Mumbai police have arrested three persons of a gang who allegedly posed as officials of the Enforcement Directorate (ED) and decamped with 3 kg gold and Rs 25 lakh from the offices of a bullion trader in Zaveri Bazaar area of south Mumbai.

A 24-year-old man was arrested for allegedly making a hoax call about a bomb in the bustling Zaveri Bazaar area of Mumbai, police said on Monday.

Months after India lifted its strict lockdown, the country's biggest gold market Zaveri Bazaar remains desolate, with most stores closed and no customers in sight.

With governments and health experts stressing on mandatory use of N-95 face masks amid continuous spike in coronavirus cases, a businessman in Odisha has got himself a mask made of gold.

While high-end jewellery shops in Mumbai's Zaveri bazaar are scratching for customers after a jump in local gold prices, Jitendra Jain, a scrap gold buyer in India's biggest bullion market, is doing brisk business.

The country vies with China for the title of the world's biggest consumer of gold -- for centuries considered a precious store of wealth -- and imported about 900 tonnes last year, its second biggest import after oil.

Zia ur Rehman alias Waqas, the 24-year-old alleged Pakistani terrorist, has confessed to undergoing intense training in Pakistan before he came to India to join Indian Mujahideen, sources in the Delhi Police have said.

About a quarter of a tonne of gold waiting at Mumbai airport should head to India's biggest gold market, Zaveri Bazaar, where sales are nearly $10 million a day, and jewellers said they would place fresh import orders as early as Thursday.

Gold demand in India is likely to remain subdued in the coming months due to the onset of monsoon rains.

Twenty six-year-old Wakas Ibrahim Shaikh, an accused in the 13/7 terror blasts case, definitely thinks so. He allegedly underwent a laser operation to get rid of his glasses, in a bid to disguise his look three months after the terror attack which occurred at the Opera House, Zaveri Bazaar, and Dadar (west).

Gold sales are down 80 per cent from a year ago so far this week despite the end of a 22-day jewellers strike.

New Delhi doubled import duty on gold to 4 per cent of value in its Union Budget and slapped a 0.3 percent excise on unbranded jewellery, moves that are game-changers for the $200 billion a year jewellery industry.

The Bombay High Court has deferred its judgement on the death sentence awarded by a trial court to three accused in the twin blasts at Mumbai's Gateway of India and Zaveri Bazaar in 2003. The blasts killed 52 people and injured over 100.

In a significant breakthrough, the Maharashtra Police has said that the Anti-Terrorism Squad (ATS) has identified the group behind the triple blasts that rocked Mumbai on July 13 this year.

"He wanted to name her Arpita, but she will never hear her father call her by that name," said an inconsolable Ashwini, who was sitting outside J J Hospital's morgue with her month-and-a-half old unnamed daughter. Ashok Bate (35) died at the JJ hospital yesterday after 50 per cent burns and serious injuries to his abdomen and left arm.

The Mumbai police have arrested three persons of a gang who allegedly posed as officials of the Enforcement Directorate (ED) and decamped with 3 kg gold and Rs 25 lakh from the offices of a bullion trader in Zaveri Bazaar area of south Mumbai.

A 24-year-old man was arrested for allegedly making a hoax call about a bomb in the bustling Zaveri Bazaar area of Mumbai, police said on Monday.

Months after India lifted its strict lockdown, the country's biggest gold market Zaveri Bazaar remains desolate, with most stores closed and no customers in sight.

With governments and health experts stressing on mandatory use of N-95 face masks amid continuous spike in coronavirus cases, a businessman in Odisha has got himself a mask made of gold.

While high-end jewellery shops in Mumbai's Zaveri bazaar are scratching for customers after a jump in local gold prices, Jitendra Jain, a scrap gold buyer in India's biggest bullion market, is doing brisk business.

The country vies with China for the title of the world's biggest consumer of gold -- for centuries considered a precious store of wealth -- and imported about 900 tonnes last year, its second biggest import after oil.

Zia ur Rehman alias Waqas, the 24-year-old alleged Pakistani terrorist, has confessed to undergoing intense training in Pakistan before he came to India to join Indian Mujahideen, sources in the Delhi Police have said.

About a quarter of a tonne of gold waiting at Mumbai airport should head to India's biggest gold market, Zaveri Bazaar, where sales are nearly $10 million a day, and jewellers said they would place fresh import orders as early as Thursday.

Gold demand in India is likely to remain subdued in the coming months due to the onset of monsoon rains.

Twenty six-year-old Wakas Ibrahim Shaikh, an accused in the 13/7 terror blasts case, definitely thinks so. He allegedly underwent a laser operation to get rid of his glasses, in a bid to disguise his look three months after the terror attack which occurred at the Opera House, Zaveri Bazaar, and Dadar (west).

Gold sales are down 80 per cent from a year ago so far this week despite the end of a 22-day jewellers strike.

New Delhi doubled import duty on gold to 4 per cent of value in its Union Budget and slapped a 0.3 percent excise on unbranded jewellery, moves that are game-changers for the $200 billion a year jewellery industry.

The Bombay High Court has deferred its judgement on the death sentence awarded by a trial court to three accused in the twin blasts at Mumbai's Gateway of India and Zaveri Bazaar in 2003. The blasts killed 52 people and injured over 100.

In a significant breakthrough, the Maharashtra Police has said that the Anti-Terrorism Squad (ATS) has identified the group behind the triple blasts that rocked Mumbai on July 13 this year.

"He wanted to name her Arpita, but she will never hear her father call her by that name," said an inconsolable Ashwini, who was sitting outside J J Hospital's morgue with her month-and-a-half old unnamed daughter. Ashok Bate (35) died at the JJ hospital yesterday after 50 per cent burns and serious injuries to his abdomen and left arm.