Gold

Sagarmala receives Gold Award at Skoch Summit

The Ministry of Shipping’s flagship programme for port-led-prosperity ‘Sagarmala’ received the ‘Gold Award’ at 52nd Skoch Summit 2018 in New Delhi. The Skoch Awards recognize leadership and excellence in accelerating socio-economic changes. Sagarmala is the programme of govt for port-led-development of the country through harnessing 7,500 km long coastline, 14,500 km of navigable waterways.

Mandeep Jangra won gold at Ulaanbaatar Cup

Mandeep Jangra has won the boxing gold at the Ulaanbaatar Cup 2018 in Mongolia. The Indian contingent amassed a total of 9 medals – 1 gold, 4 silver, and 4 bronze medals. Himanshu Sharma and Sonia Lather won the silver medal in their respective events. Mandeep Jangra earlier had won Commonwealth Games silver medal in 2014.

India’s exports hit six month high in May

India’s exports grew 20.18 percent to $28.86 billion in May, recording the highest number in six months. India’s trade deficit widened to a four-month high of $14.62 billion in May as imports surged nearly 15%. Even though exports outpaced imports, higher oil import bill wiped away the benefits of a contraction in gold imports.

India won CWG squash mixed doubles silver

India clinched the silver in the squash mixed doubles event for the first time in the history of Commonwealth Games.Dipika Pallikal Karthik and Saurav Ghosal lost to Australia’s Cameron Pilley and Donna Urquhart 0-2 in the final at Gold Coast. This was the fifth time Australia won the event at the Commonwealth Games.

Vinesh Phogat won her 2nd straight CWG gold

Indian wrestler Vinesh Phogat claimed the top position in the women’s freestyle 50 kg Nordic System event to win her second successive gold at the Commonwealth Games.The gold is India’s fifth in wrestling and 23rd overall at the CWG 2018. Earlier, Vinesh’s cousin Babita Kumari had claimed silver in the women’s freestyle 53 kg event.

Silver medal for Tejaswini Sawant in shooting

Tejaswini Sawant has won silver medal in the finals of the women’s 50m rifle prone at the Gold Coast Commonwealth Games.This is the sixth CWG medal for Tejaswini, following two golds in 2006 and a pair of silvers and a bronze in 2010.Anjum Moudgil, the other Indian to reach the women’s 50m rifle prone finals, finished 16th.

Babita won silver medal at CWG

12 : Babita Phogat won the silver medal in wrestling at the Gold Coast Commonwealth Games.Babita claimed a silver in the 2010 edition before a gold in Glasgow. Her medal opened India’s account in the wrestling competition of the Games.

Sanjita Chanu won gold medal at CWG 2018

Weightlifter Khumukcham Sanjita Chanu won India its second gold medal at the Gold Coast Commonwealth Games by outshining in the women’s 53 kg category event.She set a new record in the game by lifting a total of 192 kgs which includes 84 kgs in a snatch and 108 kgs in clean and jerk. Papua New Guinea got the silver medal while Canada won the bronze medal.

CWG 2018 inaugurated in Austrailia

The 21st edition of the Commonwealth Games commenced in Gold Coast, Australia.The inaugural ceremony was held at the Carrara Stadium, Gold Coast. For the first time, there will be the same number of men’s and women’s medal events at the Games.The Indian contingent at the ceremony, which consists of over 200 athletes, was led by flag-bearer P V Sindhu, the Rio Olympic silver medallist.

Manu Bhaker secures 10m Air Pistol gold

Manu Bhaker secured India‘s second individual gold at the ISSF Junior World Cup. India tasted success in the 10m air pistol men‘s event too with Gaurav Rana winning a silver medal. Bhaker, Rana and Mahima Turhi Agrawal also brought India on top of the team podium

Gora Ho gets gold at Asia Cup in Bangkok

Gora Ho, a teenager from the tribal belt of Jharkhand, won gold partnering Akash and Gaurav Lambe in the team recurve event at the Asia Cup. The trio beat Mongolia‘s Adiyasuren Baasankhuu, Otgonbold Baatarkhuyag and Gantugs Jantsan by 27-26 in a tiebreaker match. With this India finished with three gold and two bronze medals at the Asia Cup Archery Stage 1 meet in Bangkok.

Govt. Launches Gold Purity Standard

India’s first home-grown high purity gold reference standard – the Bharatiya Nirdeshak Dravya (BND-4201) was launched at the India Government Mint, Mumbai. BND-4201, which is the reference material for gold of ‘9999’ fineness will ensure purity of gold. This will also be useful for Collection and Purity Testing Centres to certify the purity of gold.

Sushil Kumar clinches gold

Double Olympic medalist Sushil Kumar clinched a gold medal at Commonwealth Wrestling Championships in South Africa.Sushil defeated New Zealand Akash Khullar via a pinfall in final of 74kg freestyle category to clinch the yellow metal. It was his 1st medal in international wrestling since his gold medal in 2014 Commonwealth Games.With the win he clinched his 5th title at Commonwealth level.

1st commodity options trading with gold

Multi Commodity Exchange launched trading in Gold option’s contract in presence of Finance Minister Arun Jaitley. MCX is the first commodity options trading with gold. Options contract offers the buyer the right, but not the obligation, to buy or sell a stock/commodity/asset at an agreed-upon price (referred to as strike price) during a certain period of time up to a specific date.

Govt restricts import of gold, silver

Govt has restricted imports of gold & silver items from South Korea in a bid to check spurt in inbound shipments of precious metals. Restrictions are being imposed against the backdrop of a sudden surge in imports of precious metal from South Korea, with which India has a free trade agreement. Importers will now have to obtain a license from DGFT for importing gold & silver from South Korea.

Shapath Bharadwaj wins bronze

Teenager Shapath Bharadwaj won a bronze medal in the double trap event at the ISSF Junior Shotgun World Cup in Porpetto, Italy. He shot a 48 in the final to finish behind gold-medal winner Briton James Dedman and Finland’s Miki Ylonen. This was India’s first medal in the competition apart from the bronze won by Sheoran and Keer in the mixed team trap competition.

Ind foreign exchange reserves increases

India’s foreign exchange reserves increased by USD 63.7 million to USD 362.79 billion in the week ended 24th February 2017. Gold reserves remained unchanged at 19.248 billion. India’s special drawing rights with the International Monetary Fund rose by a marginal USD 100,000 to USD 1.444 billion, while the country’s reserve position also increased by USD 0.2 million to USD 2.318 billion.