Gold Today Rate, 13 August: Check 18, 22 and 24 carat gold prices Chennai, Mumbai, Delhi, Kolkata and other cities
According to GoodReturns, gold prices have dropped by Rs 19,100 in 100 grams and Rs 1,910 in 10 grams of 24 carat over the last four days.
Gold, considered an ideal inflation hedge, has volatile prices amid rising economic uncertainty and Trump's tariff tensions.
The price of gold in India today is ₹10,135 per gram for 24 karat gold, ₹9,290 per gram for 22 karat gold and ₹7,601 per gram for 18 karat gold.
The most expensive gold is 24-carat gold, which is often used for investment purposes; meanwhile, 22-carat gold and 18-carat gold are often used in jewellery.
Source: GoodReturns
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News18
37 minutes ago
- News18
DDAs land licensing model bags Rs 10,000 cr deal
New Delhi, Aug 16 (PTI) The Delhi Development Authority (DDA) has awarded the first project under its new Special License Property (SLP) initiative to Fleur Hotels, a subsidiary of Lemon Tree Hotels, officials said on Saturday. The project is expected to generate approximately Rs 10,000 crore over a 55-year period. 'DDA had invited bids through a Request for Proposal (RFP) issued on May 2, 2025, for a 2-acre land parcel in Nehru Place earmarked for a five-star hotel. The bidding process, conducted on August 13, saw Fleur Hotels secure the project with an annual license fee offer of Rs 27.19 crore, about 50 per cent higher than the reserve price of Rs 18 crore," DDA said in a statement. This marks a major shift in DDA's land disposal policy. Moving away from the traditional freehold and perpetual lease models, the SLP initiative allows long-term development on an annual license basis. Reforms set into motion last year by Lt Governor VK Saxena, have yielded spectacular results in terms of revenue generation for the DDA even while facilitating the much needed developments in the capital, the statement added. According to officials, the Rs 10,000-crore revenue estimate includes annual fee escalations over the 55-year license term. 'This new model is expected to significantly boost DDA's income, while facilitating key infrastructure development across hospitality, healthcare, logistics, and retail sectors," the statement added. The project awarded to Fleur Hotels will see the development of 'Aurika" at Nehru Place, one of Delhi's largest luxury hotels with over 500 rooms. Lemon Tree Hotels, which operates more than 110 properties in over 75 cities, plans to bring its upscale brand experience to the Capital through this venture. PTI SSM DRR DRR (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
an hour ago
- Time of India
Boost for beekeepers: Haryana CM Nayab Saini announces inclusion of honey in Bhavantar Bharpai Yojana
KURUKSHETRA: In an important step for the welfare of farmers and beekeepers, Haryana chief minister Nayab Singh Saini on Saturday announced that honey will now be brought under the Bhavantar Bharpai Yojana (BBY), on the lines of horticulture crops. The move aims to ensure fair prices for honey producers while promoting scientific beekeeping as a profitable venture across the state. Addressing a state-level workshop on beekeeping at Ramnagar in Kurukshetra, CM Saini also declared that a honey sales and storage facility will soon be established at the Integrated Beekeeping Development Centre (IBDC), Ramnagar, with arrangements for quality testing. To further support this initiative, the government will set up a Quality Control Laboratory at a cost of Rs 20 crore. The Ramnagar institute, developed in collaboration with Israel, will be elevated to the status of a national-level centre for advanced and scientific research in apiculture, the CM said. Highlighting the role of beekeeping in strengthening rural incomes, CM Saini said, 'Beekeeping not only provides farmers with an additional source of earnings but also boosts crop yields through pollination. Haryana is committed to realizing Prime Minister Narendra Modi's call for a 'Sweet Revolution'.' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo The CM informed that under the Beekeeping Policy-2021, the state has set a target of preparing 7,750 beekeepers and producing 15,500 metric tonnes of honey by 2030. Currently, the Ramnagar centre provides training and has already distributed 74,000 bee boxes and 3.43 lakh comb sheets. Facilities for honey processing and bottling are also available. Farmers are being offered up to 85% subsidy on bee boxes, colonies, and equipment, he said. Underscoring the importance of diversification, Saini said horticulture and allied activities like dairy, fisheries, and beekeeping are becoming pillars of rural prosperity. 'In 2014, horticulture in Haryana was spread over 1.17 lakh acres, which has now expanded to 2.60 lakh acres. With FPOs, excellence centres, procurement schemes, and now BBY, farmers are becoming stronger,' he added. Encouraging youth and women entrepreneurs, the CM urged them to launch their own honey brands and explore global markets through online platforms. 'Beekeeping requires minimal land and can be an ideal startup opportunity. The government will extend full financial and technical support,' he assured. Supporting the initiative, Haryana Agriculture and Farmers' Welfare minister Shyam Singh Rana emphasized that enhancing farmers' income is the government's top priority. He said that sectors like dairy, animal husbandry, fisheries, and beekeeping are being promoted alongside crops to build a stronger rural economy. The workshop was attended by former minister Subhash Sudha, senior officials, agricultural experts, and representatives of beekeepers' associations. As per the data available on the website of Agricultural and Processed Food Products Export Development Authority under Union Ministry of Commerce and Industry, about 500 flowering plant species, both wild and cultivated, are useful as major or minor sources of nectar and pollen. As per Union Ministry of Agriculture and Farmers' Welfare-2023, India's total production of honey was 142 thousand metric tonne (MT). In India, the area under production of natural honey includesUttar Pradesh (17%), West Bengal (16%), Punjab (14%), Bihar (12%) and Rajasthan (9%). These states amount to the top five natural honey producers. The country has exported 107963.21 MT Natural Honey worth USD 177.52 million to the world during the financial year 2023-24, with major export destinations including USA, UAE, Saudi Arabia, Qatar and Libya, as per DGCI&S data. As per an article 'Beekeeping: Opportunities and Challenges in Haryana' published in August 2024 by Biological Forum journal and written by experts of Chaudhary Charan Singh Haryana Agricultural University, Hisar, 'Beekeeping in Haryana offers significant potential due to the state's favorable climate, diverse flora, and agriculture-based economy, which enhances crop yield through pollination, and provides opportunities for income diversification. The varied cropping patterns, affected by different soil types, irrigation facilities, temperature, relative humidity, and agro-climatic conditions, make Haryana suitable for beekeeping, particularly with Apis mellifera . Haryana is among the top seven honey producing states (in India), yielding approximately 4,500 metric tons annually, with over 5,000 active beekeepers.' Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Happy Krishna Janmashtami Wishes ,, messages , and quotes !
Hindustan Times
an hour ago
- Hindustan Times
Could India have handled President Trump better?
The Narendra Modi government converted an economically disastrous idea such as demonetisation into a political win. It dealt with a brutal Covid-19 pandemic that took millions of lives and devastated livelihoods, yet emerged politically unscathed. The Modi government played with fire on land acquisition and farm laws, yet pulled back without getting burnt. And despite its limited success in pulling off a manufacturing revolution to generate jobs on scale, it has remained politically dominant and maintained its multi-class and multi-caste alliance. The Modi government confronted a serious national security crisis with a far more powerful adversary, China, and had to redefine the idea of normalcy for the sake of peace, yet it did not pay a domestic political price. India dealt with a highly polarised West-Russia landscape and a China that was either actively hostile or passively aggressive or absent, yet pulled off a spectacular G20 presidency. It had to secure its interests with diametrically different American administrations with almost opposing priorities, and yet it was able to be friends with the sitting administration while still having enough goodwill with the preceding power constellation. How did a government that has been so adept in dealing with the domestic and international landscape, and overcoming its own missteps and mistakes, fumble in reading the US? How did a government so sharp in reading danger signals not manage friction when there were clear possibilities of trouble with the US from earlier this year, but definitely from May 10 when Donald Trump claimed credit for the ceasefire? How is it that in over 90 days since then, India, with all its equities and power, has failed to shift the conversation or make enough inroads into Trump's world to find a meeting ground while keeping to its redlines? To be sure, it has been difficult to predict the US president's next move, but there are countries that have managed to get their (limited) way. Let there be no doubt about the severity of the crisis. India is worse off among all the regional competitors for investment, and in its own immediate neighbourhood in terms of access to the US market. This has implications way beyond trade, for suddenly, the signal to American capital about India is of uncertainty, despite the charms of its huge market and extensive talent pool. This puts under strain India's broader economic modernisation roadmap that hinges at least partly, if not substantially, on western investment and technology partnerships to boost manufacturing and generate mass employment. India is confronting repeated blows against its core strategic concerns: Trump appears more than willing to make long-term strategic concessions for a deal with China. Pakistan's comeback to the Washington DC theatre, even if it is only in the short-term as some pundits believe, is arguably on a more broad-based diplomatic, economic and strategic footing than even 2001 when it was driven by the narrow counter terror frame in Afghanistan. And, India is paying a price for US-Russia tensions in ways that it hasn't for decades. India is also staring at a crisis in the people-to-people relationship, given the challenges in getting student visas, the backlash against H1Bs in Trump's base and intense spurt in anti-Indian and anti-Hindu racist rhetoric from the White supremacist Right. The biggest crisis, of course, is there are no easy pathways out of it anymore. The more time has passed, the more rhetoric has got meaner, the more demands have escalated and become public, the less political space there is to make compromises. The Indian political and street mood is now, justifiably, furious at how the country has been treated by the US even as everyone realises the importance of that country and the bilateral relationship. There are structural factors at play, for core contradictions on trade openness and relationships with third countries have come to the fore. There are personality-centric issues at play, especially on the American side with a president who revels in sharpening contradictions with his own country's institutions, the international system, and allies and partners in the quest for political or personal or financial wins. And, there are unanticipated variables and events that have affected the chessboard. But none of this can take away from the fact that the government may have missed out on multiple opportunities to manage Trump. This is particularly striking since the political leadership has usually been alert in responding creatively in difficult situations, managing narratives, engaging with all kinds of interlocutors, unleashing diplomatic charm in the external domain or pre-empting rivals by appropriating political issues in the domestic domain, finding wins-wins when possible and framing compromises as wins when necessary. To be sure, as Pratap Bhanu Mehta has eloquently and wisely argued, the Trumpian project is an imperial project and dignity is essential. But avoiding being in the direct firing line of the imperial project was in national interest and the government's core diplomatic duty. And, yes, there may have been ways to do it without compromising on India's historic stance on third-party mediation, or on core interests of small farmers, or on Indian manufacturing potential. And, this was possible because a childishly transparent, vain and corrupt Trump world is always open to a better deal and packaging has always been more central to his politics than substance. To return to the puzzle then, what happened? A detailed empirical account will only emerge once the crisis passes, actors move on from their current roles, and files are declassified. And even a more specific discussion on who got what wrong and when and what could have been done need not detain us here. One school of thought is there was a problem with the personnel chosen to make judgments on the ground and offer advice. Another is that India may have genuinely misread the problem, or been unable to anticipate second or third order consequences of Trumpian rupture. A third suggests that there may have been a problem with the channels selected for execution of goals; India's adversaries and critics have been constantly in Trump's ear while India's perspective has failed to register a mark. It could well be a combination; the problems with personnel, judgment and execution, may have resulted in a problem in decision making. And, to be fair, all of this may have been exacerbated by domestic concerns, not just of the man (and woman) on the street, but the political Opposition. After 11 years, this is the biggest challenge facing Narendra Modi, and he may want to consider a reset. It could start with foreign policy but a full Kamraj-plan style reset across the party and government may not be a bad idea at this time, especially given the ambitious agenda the Prime Minister laid out in his Independence Day speech. This could bring fresh energy and ideas and shatter vested interests to help India prepare for the coming political, economic and strategic storms. For coming they are.
