GST, cash flow issues take glow out of gem, jewellery sales

Sale of gem and jewellery is likely to drop 10-15 per cent in the current financial year due to Goods and Services Tax (GST), high gold price and cash flow issues, according to N Anantha Padmanaban, Chairman, All India Gem and Jewellery Domestic Council. In 2016-17, the sale of gem and jewellery was nearly ₹3.60 lakh … Read more GST, cash flow issues take glow out of gem, jewellery sales

Violent drug gang behind bars blew cash on champagne lifestyle including flash cars, designer clothes and luxury hotels

Violent gangsters who flashed the cash on fancy cars, designer clothes and luxury hotels are now paying the full price of their drug crimes. Now behind bars, the gang wreaked havoc on the streets of Liverpool but 19 members of the network were jailed this week. The extent of their champagne lifestyle funded through their illegal acts has now … Read more Violent drug gang behind bars blew cash on champagne lifestyle including flash cars, designer clothes and luxury hotels

Wedding ‘guests’ who robbed people of cash and jewellery busted in Delhi

They would crash weddings, befriend relatives, stay with them throughout the celebrations pretending to help them with the arrangements and escape with all the jewellery and cash from the mandap. The Delhi Police arrested five members of the alleged gang that targeted only weddings from Madhya Pradesh. They have also apprehended a juvenile appointed by … Read more Wedding ‘guests’ who robbed people of cash and jewellery busted in Delhi

Maids strike again, rob 2 families of cash, jewellery

GURGAON: Two families were robbed of cash and jewelleryworth at least two lakh of rupees by maids in the city’s upscale Sector 14 on Tuesday. Police are trying to find out if both the thefts were committed by the same women.Two women, posing as Pooja and Barkha, knocked at retired colonel Omdutt Kaushal’s door around … Read more Maids strike again, rob 2 families of cash, jewellery