Gold

Jewellery Firms Surge after RBI Eases Gold Import Norms

Shares in Titan Co Ltd(TITN.NS) surged on Thursday after the Reserve Bank of India (RBI) eased gold import rules by allowing seven more private agencies to ship the precious metal. The stock was trading up 10.2 percent as of 9:25 a.m. May 22, 2014
cbi-arrests-it-officer-and-husband-for-accepting-rs-10-lakh-bribe

CBI arrests IT officer and husband for accepting Rs 10 lakh bribe

Bhopal, March 29 (ANI): Central Bureau of Investigation (CBI) arrested an a deputy commissioner of income tax department and her husband for accepting bribe of Rs 10 lakh from a builder to settle his tax penalty case in Bhopal. The arrested officer has been identified as Poonam Roy, who is a 2007 batch IAS (Indian Administrative Service) officer. She was held along with her husband Ganesh Malviya who acted as a mediator. Reportedly, the builder filed a complaint with the CBI about money being demanded to settle the penalty and he had claimed that he had been paying his tax regularly. CBI then set up a trap and caught the duo red-handed at their residence. Mar 29, 2014