Topic: Gold reserves
In Sonbhadra, even professionals and officials got fooled. Such is India’s love for gold
Fiza Jha -
News that nearly 3,500 tonnes of gold was found in Sonbhadra was first picked up by regional papers, but soon spread like wildfire across mainstream media.
Why even rumours of RBI selling India’s gold trigger panic about state of the economy
With 618.2 tonnes of gold holdings as of August-end, RBI is one of the top 10 central banks in the world in terms of gold reserves.
India’s forex reserves soar over $5 billion to reach $421 billion
PTI -
The maiden dollar-rupee swap conducted by the RBI last week helped foreign exchange reserves swell by a healthy $5.237 billion to $411.905 billion in the week to 29 March.
On Camera
YourTurn
India has debated sedition at length but it won’t go without the overhaul of justice system
Preventive Detention has stayed its course because India didn’t invest much in the investigative competence of the police, or legal acumen of the prosecutors.
World’s $300 trillion in debt. Here’s what it means for services like health, education
To meet debt payments, at least 100 countries will have to reduce spending on essential services, the IMF estimates.
Defence
As drones usher in new era of warfare, India’s growing UAV industry begins to take flight
With a growing indigenous base of drone manufacturers and exporters, and incentives from government, industry sentiment is bullish. However, some concerns remain.
Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation
That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.