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Picasso postcard auctioned for record $188,000

Picasso postcard auctioned for record $188,000

A postcard bearing a signed drawing by Picasso fetched a record $188,000 (166,000 euros) at auction on Saturday, the Gaertner auction house in southern Germany announced.

Postal Dept incurs loss of Rs 7 a postcard, Rs 5 inland letter

The Department of Posts is incurring a loss of over Rs 7 per postcard and about Rs 5 per inland letter as the revenue earned is far lower than the actual cost.

Thanks to Facebook, postcard arrives after 54 yrs

A postcard mailed from Chicago in 1958 has finally reached its recipient, but not without a little help from Facebook.