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Shirpur Gold Refinery is India's first refinery headquartered in Mumbai. It is a green field precious metal refinery with installed capacity to refine 217 MT p.a. of gold and silver respectively in Shirpur and Dhule in the state of Maharashtra. [2] SGRL is a Public Ltd Company with its shares listed in BSE & NSE. [3]
Zaveri Bazaar is a jewellery market and a major hub for B2B and B2C jewellery industry in Mumbai, India.Located at Bhuleshwar in South Mumbai, just north of Crawford Market, Zaveri Bazaar is a muddle of narrow lanes, dotted with hundreds of jewellery shops that sell gems and jewels, notably Tribhovandas Bhimji Zaveri (TBZ), Dwarkadas Chandumal, Dhirajlal Bhimji Zaveri & UTZ.
The major mints in the west responsible for issuing coins for the East India Company included Surat, Bombay (Mumbai or Munbai), and Ahmadabad. From 1621 till 1800, the English sent their precious metal bullion to the Surat mint, controlled by the Nawab, to be coined into local gold mohurs and silver rupees. As the Surat mint was unable to meet ...
It was established in 2003 and is currently based in Mumbai. It is India's largest commodity derivatives exchange. The average daily turnover of commodity futures contracts increased by 26% to ₹32,424 crore during FY2019-20, as against ₹25,648 crore in FY2018-19. The total turnover of commodity futures traded on the Exchange stood at ₹83. ...
At the time of independence (in 1947), India's currency was pegged to pound sterling, and the exchange rate was a shilling and six pence for a rupee — which worked out to ₹13.33 to the pound. [23] The dollar-pound exchange rate then was $4.03 to the pound, which in effect gave a rupee-dollar rate in 1947 of around ₹3.30.
Gold bound for London from South Africa was diverted to India due to naval blockades during the First World War. As a result, a branch mint was established in India and, for one year only, Sovereigns were struck in Bombay (now Mumbai).
Silver coins with Śrī Sāmanta Deva, struck to a slightly lower weight standard between 2.9 and 3.3 gm. with good metal but more variety in purity ranging from 61 to 70 per cent, gold and silver. The reverse legend merely survives now as a stylized design, and other features of the types have been copied and progressively misunderstood.
BSE became the first stock exchange in the country to launch commodity derivatives contract in gold and silver in October 2018. [20] BSE was demutualized and corporatized on 19 May 2007, pursuant to the BSE (Corporatization and Demutualization) Scheme, 2005 notified by SEBI. [21] [22] It was listed on NSE on 3 February 2017. [23] [24] [a]
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