"As part of measures to check widening current account deficit and diversion of gold from SEZs, we have imposed a 3-5% value addition on all gold exports from these zones to ensure only genuine gems and jewellery manufacturers operate through SEZs.

Investors are closely monitoring any possible shift in central bank attitudes toward gold after bullion prices plummeted to as low as $1,180 an ounce in late June, down from around $1,700 at the start of this year. Spot gold dropped 1 percent to $1,320 …

SINGAPORE, July 29 (Reuters) – Gold edged lower on Monday after three weeks of gains as investors awaited a key Federal Reserve policy meeting this week for guidance on when the central bank would begin to scale back its stimulus. FUNDAMENTALS …

Double-digit growth in car sales in China, the world's motor vehicle market, in the first half of the year helped to lift profit of one of the country's biggest glass makers in the first half of the year. Shares in Fuyao Glass Industry Glass, one of …

It continues to focus on its core food and beverage products while also offering other locally oriented choices. “The demographics they are targeting are younger and more affluent groups,” Hottovy said. Starbucks opened its first store in Taipei in …

Warren Buffett's son has figured out that the proud towers of philanthropy are built on the rotten foundations of inequality and excessive wealth accumulation. The Nonprofiteer gives him credit for being willing to say this aloud–it's usually left …

To paraphrase F. Scott Fitzgerald and Ernest Hemingway at the same time, philanthropists are very different from you and me. They have more money. They also have more power. Maybe it's time to re-think where we're going with this. Week by week, more …

Buffett's post has generated a fair amount of discussion in philanthropic circles and it highlights the frustration that many in the “next generation” of major donors – Buffett is the son of investment king Warren Buffett and directs a billion-dollar …

A robber carrying an automatic pistol stole jewellery and watches owned by Israeli diamond mogul Lev Leviev worth millions of euros from the luxury Carlton Hotel in Cannes on Sunday, police and judicial sources said. A man wearing gloves, with his face …