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Rs286 crore tiger safari project in Chandrapur gets Maha govt nod
Rs286 crore tiger safari project in Chandrapur gets Maha govt nod

Time of India

time30-05-2025

  • Business
  • Time of India

Rs286 crore tiger safari project in Chandrapur gets Maha govt nod

Chandrapur: In what could transform Chandrapur as a key wildlife tourism hub, the Maharashtra government has approved a Rs286 crore tiger safari project spread over 171ha. The project has been entrusted to Maharashtra Forest Development Corporation (FDCM) Gorewada Zoo Limited. The proposed tiger safari will feature three distinct thematic zones — Australian Trail, South American Trail, and Indian Trail — each spread over 5ha. These trails will allow tourists to explore on foot, offering an immersive experience of exotic and native wildlife in naturalistic habitats. Notably, 44ha has been earmarked for vehicle-based safaris, providing visitors with an up-close view of animals in a secure environment. A 20-acre children's park and other tourist-friendly amenities will be developed on the safari premises. The project is expected to serve as a major tourism draw, while also contributing significantly to the local economy. Foreign species will be a highlight of the safari. The Australian Trail will feature kangaroos, cassowaries, wallabies, laughing kookaburras, and colourful birds. The South American Trail includes jaguars, capuchin monkeys, spider monkeys, capybaras, and vibrant blue and red macaws. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Вот что поза во сне говорит о вашем характере! Удивительные Новости Undo Beyond tourism, the safari is projected to generate substantial employment opportunities. Local youth may find work as guides, safari drivers, zoo staff, and security personnel. Ancillary businesses such as homestays, hotels, eateries, and souvenir shops are also expected to benefit, giving a much-needed boost to Chandrapur's economy. Chandrapur MLA Kishore Jorgewar reviewed the tiger safari project with officials of FDCM Gorewada Zoo Limited at a meeting in Nagpur on Friday. The meeting was attended by acting CEO Shatnik Bhagwat and other senior officials. The team presented a detailed plan and progress report of the Rs 286 crore project.

Gold prices plummet by Rs2,700/tola
Gold prices plummet by Rs2,700/tola

Express Tribune

time28-01-2025

  • Business
  • Express Tribune

Gold prices plummet by Rs2,700/tola

Listen to article KARACHI: Gold prices in Pakistan declined on Tuesday, reflecting a drop in global market rates. In the local market, the price of gold per tola fell by Rs2,700, bringing it down to Rs286,400, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Monday, gold prices had also decreased, with the per tola rate falling by Rs300 to close at Rs289,100. Globally, gold prices also experienced a decline early on Tuesday. According to APGJSA, the international gold rate was $2,741 per ounce, reflecting a drop of $26 during the day. However, gold prices rebounded from a dip triggered by a tech-led wider market sell-off, as increasing uncertainties over US President Donald Trump's proposed tariffs kept investor interest in the safe-haven asset. Spot gold rose 0.4% to $2,751.66 per ounce by 1507 GMT. Gold had dropped over 1% in the previous session, marking its steepest decline since December 18, spurred by DeepSeek's low-cost, low-power AI model. Adnan Agar, the Director of Interactive Commodities, noted that gold prices initially touched a low of $2,734, aligning with their earlier predictions. However, the market rebounded and is currently trading around $2,750 after reaching a high of $2,756. Agar highlighted that for the gold market to trend downward, closing below $2,730 is critical. "Without this, the market is likely to maintain an upward trajectory," he added. He reiterated that while the market could potentially stabilise tomorrow, the US monetary policy announcement, expected late at night, will play a significant role in driving further gold price movements. If the market closes below $2,730, there's a chance it may revisit the $2,700 range. However, consistent rebounds from near $2,730 suggest continued strength in the gold market for now. Meanwhile, the Pakistani rupee experienced a slight depreciation against the US dollar, dropping by 0.04% in the inter-bank market on Tuesday. By the end of the trading session, the currency stood at 278.93, marking a loss of 10 paisa compared to the dollar. As reported by the State Bank of Pakistan (SBP), the rupee had closed at 278.83 on Monday. Internationally, the Japanese yen and the Swiss franc gained while the US dollar fell against major currencies on Monday amid a selloff in technology stocks as markets weighed the implications of a Chinese startup launching a free open-source artificial intelligence model. China's DeepSeek rolled out a free AI assistant that it says uses lower-cost chips and less data, seemingly challenging a widespread AI bet that in the past has lifted shares of US technology stocks, especially chipmaker Nvidia.

Gold prices dip sharply in both local and international markets
Gold prices dip sharply in both local and international markets

Express Tribune

time28-01-2025

  • Business
  • Express Tribune

Gold prices dip sharply in both local and international markets

Listen to article Gold and silver prices have seen a notable drop today, with the price of gold per ounce falling by $26 in the international market and the price per Tola of gold decreasing by 2,700 rupees in local markets. In the international bullion market, the price of gold per ounce dropped by $26, bringing it down to $2,741. Meanwhile, in the domestic market, the price of gold per tola decreased by Rs2,700 settling at Rs286,400. Additionally, the price of gold per 10 grams in the local market fell by Rs2,315, reaching Rs245,541. It is worth noting that a similar trend was observed yesterday as well. The international price of gold per ounce had dropped by $3, falling to $2,767. Locally, the price of 24-carat gold per tola decreased by 300 rupees, standing at Rs289,100, while the price of gold per 10 grams also saw a reduction of Rs257, bringing it to Rs227,209. In other related developments, silver prices also experienced a decline. The price of silver per tola fell by Rs14 to Rs3,395, while the price per 10 grams dropped by Rs12, reaching Rs2,910.

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