The Muthoot clan, which has doled out gold loans for almost nine decades, is on a roll as consumers take advantage of surging bullion prices to swap jewellery for short-term cash.
Gold is now firmly established as another investment asset, along with stocks and bonds. These days, its investment role is as part of a diversified portfolio, not as a hedge.
Sovereign Gold Bond scheme was meant to reduce physical gold imports & provide govt a cheaper borrowing option. But gold imports haven’t gone down while govt liability has surged.
Islamabad-based think-tank PICSS's new report says Pakistan saw 'pronounced escalation' in violence last year, with 3,413 conflict-related deaths compared to 1,950 in previous year.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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