With face masks becoming part of daily accessories, masks made of precious metals such as gold and silver are gaining popularity. Among those making masks from such metals in a jeweller in Tamil Nadu's Coimbatore.

Why not use a mask as an ornament for now? Later, you could get it melted into and still obtain the same value or get other jewellery made, says Radhakrishnan, the owner of RK Jewel Works in Coimbatore.

A person with Rs 196 crore in a Swiss bank account will now have to pay taxes despite her declared income of Rs 1.70 lakh, the Income Tax Appellate Tribunal (ITAT) said in a crucial ruling.

Dismissing an appeal filed by assessee Renu T Tharani, ITAT Mumbai said on Thursday that over Rs 196 crores lying in her foreign account can be taxed by the Income Tax Department.

India has conducted the second largest number of coronavirus tests (12 million) after the US (42 million), the White House has said, differing from rankings put out by a widely tracked website.

More than 3.5 million people have tested positive with the coronavirus and 138,000 died in the US. Globally, more than 13.6 million have tested positive and over 586,000 have died.

Gold prices slumped to Rs 49,267 from Rs 49,318 per 10 gram while silver prices also dipped to trade at Rs 52,085 per kg, according to Indian Bullion and Jewellers Association.

Gold jewellery prices vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.

IT firm HCL Technologies on Friday posted 31.7 per cent rise in consolidated net profit at Rs 2,925 crore for the June 2020 quarter, and said that Shiv Nadar has stepped down from the Chairman's role.

The IT major had registered a net profit of Rs 2,220 crore in the April-June 2019 quarter (as per US GAAP), HCL Technologies said in a regulatory filing. Its revenue grew 8.6 per cent to Rs 17,841 crore in the quarter under review, from Rs 16,425 crore in the corresponding quarter last year.

Four years ago, disbelief rippled through the audience at Reliance’s annual general meeting when Mukesh Ambani said he was launching 4G Volte smartphones under Reliance’s own brand name Lyf at an unbeatable price of Rs 2,999 when the average 4G smartphone at that time cost Rs 4000.

On Tuesday, during the company’s first pandemic-forced virtual annual general meeting, Ambani outlined another vision to disrupt the mobile device market again.

As part of his scheduled two-day visit to Ladakh and Jammu Kashmir, Union Defence Minister Rajnath Singh reached Leh on Friday morning. He will review India's military preparedness and review the overall situation.

The minister will take stock of the situation at both the Line of Actual Control (LAC) and the Line of Control (LoC).

India's COVID-19 tally on Friday crossed the 10 lakh-mark after 34,956 new cases were reported in the last 24 hours, said the Union Ministry of Health and Family Welfare.

With a million cases, India is now just behind US (3.7 million) and Brazil (two million).

As per numbers from the Health Ministry, there are 3,42,473 active cases in the country while 6,35,756 patients have been cured or discharged. One patient has been migrated.

At least eight people died and many suffered injuries in separate incidents where two buildings collapsed after heavy rainfall in Mumbai on Thursday.

Six people were killed and 23 others rescued after a portion of Bhanushali building collapsed at the Fort area of Mumbai around 2:30 pm.

Chief Minister Uddhav Thackeray reached the spot to take stock of the rescue operations.

Three terrorists were killed, two security personnel were injured in an encounter that broke out at the Nagnad-Chimmer area of Kulgam district of Jammu and Kashmir on Friday.

The Kashmir zone police twitted #KulgamEncounterUpdate: So far 01 #unidentified #terrorist killed. #Operation going on. Further details shall follow. @JmuKmrPolice.

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