Madras HC asks daughter to return fixed deposits, jewellery to aging mother under Senior Citizens Act

Madras HC asks daughter to return fixed deposits, jewellery to aging mother under Senior Citizens Act

A recent ruling by the Madras High Court found that fixed deposits (FDs) and jewels are considered property under the Senior Citizen Act, 2007. The court supported the claim made by an elderly woman against her daughter, citing Section 23 of the Act which deals with property transfers, according to a report by Live Law. … Read more

La Maison Syr by Chennai-based Rashi Jain has luxury cufflinks in classic patterns and offbeat designs

La Maison Syr by Chennai-based Rashi Jain has luxury cufflinks in classic patterns and offbeat designs

Rashi Jain | Photo Credit: RAVINDRAN R It was a pair of cufflinks in the form of a martini glass and a cocktail shaker — a generational piece passed down from her husband’s family — that inspired Rashi Jain to create her own line of cufflinks. The shape and uniqueness of the design intrigued her. … Read more

Gold loans: You may soon have equated monthly installment plans to pay back loans to avoid irregularities

Gold loans: You may soon have equated monthly installment plans to pay back loans to avoid irregularities

Gold loans: Banks and gold loan companies are looking to implement monthly amortisation plans following concerns raised by the Reserve Bank of India (RBI) regarding deficiencies in gold loan disbursements. According to a report by the Economic Times, borrowers may soon be required to begin making interest and principal payments through EMIs immediately upon loan … Read more

Check out edgy jewellery pieces from these contemporary Indian labels

Check out edgy jewellery pieces from these contemporary Indian labels

Amama is know for its big statement jewellery Loud, edgy, dramatic — jewellery today resembles art in a gallery. Driven by a demand for bolder pieces, a crop of young designers are creating jewellery that deliberately moves away from traditional patterns. From funky reinterpretations of heirlooms to intricate hair buns, rhinestone gloves, metal nail claws … Read more

Gold hits record high amid persistent safe-haven demand despite rate cut expectations and dollar strength

Gold hits record high amid persistent safe-haven demand despite rate cut expectations and dollar strength

Gold prices opened on the Multi Commodity Exchange (MCX) on Wednesday at Rs 69,340 per 10 grams and hit an intraday low of Rs 69,309. In the international market, prices hovered around $2,284.06 per ounce. Meanwhile, silver opened at Rs 77,981 per kg and hit an intraday low of Rs 77,189 on the MCX. In … Read more

Latest gold and silver price: Yellow metal retreats as dollar and bond yields rise

Latest gold and silver price: Yellow metal retreats as dollar and bond yields rise

Gold prices opened on the Multi Commodity Exchange (MCX) on Tuesday at Rs 68,638 per 10 grams and hit an intraday low of Rs 68,580. In the international market, prices hovered around $2,252.19 per ounce. Meanwhile, silver opened at Rs 75,750 per kg and hit an intraday low of Rs 75,310 on the MCX. In … Read more

Gold continues its historic run, price surges to record high

Gold continues its historic run, price surges to record high

Gold prices opened on the Multi Commodity Exchange (MCX) on Monday at Rs 68,699 per 10 grams. In the international market, prices hovered around $2,196.32 per ounce. Meanwhile, silver opened at Rs 75,223 per kg on the MCX. In the international market, the price hovered around $24.69 per ounce. Manav Modi, Analyst, Commodity and Currency, MOFSL, … Read more

Chennai floods: My house is flooded. Will my fridge, TV, jewellery and other equipment be covered under home insurance?

Chennai floods: My house is flooded. Will my fridge, TV, jewellery and other equipment be covered under home insurance?

I live in Chennai. My ground floor house is flooded, damaging my electrical equipment. Will my fridge, TV, Jewellery and other equipment be covered by home insurance?  Reply by Tarun Mathur, Chief Business Officer, General Insurance, Policybazaar.com  Natural disasters are increasingly wreaking havoc across various regions of the country. Events like cyclones, earthquakes, and floods, … Read more

ED searches jewellery outlets in Tiruchi

ED searches jewellery outlets in Tiruchi

Officers of Enforcement Directorate conduct searches at Jewellery shops at Jaffer Shah Street on November 21, 2023 | Photo Credit: Special Arrangement Officers of the Directorate of Enforcement (ED) have begun searches at the premises of three jewellery shops functioning at Diamond Bazaar in Jaffer Shah Street and one outlet in Big Bazaar Street in … Read more