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Representational image of police personnel in Bengaluru | ANI

Former Bengaluru techie arrested for chain-snatching has more than 70 cases against him

The Peenya Police have recovered Rs 3.7 lakh worth of gold chains and 15 SIM cards from the accused, Jayakumar, who used to work with a multinational software company.
Gold bullion bars

Don’t worry, the world is a long, long way from running out of gold

While issues of mine depletion are real, high gold prices like those we’re seeing today will encourage more exploration and development activity to make up the shortfall.
Gold bangles | pikist.com

Why Titan is beginning to shine again after lockdown woes while other jewellers struggle

Titan is set to post best quarter in nearly 3 years as investors bet on recovery in demand ahead of festive season & economic slump weakens its competitors.
Gold bangles | Representational image | pikist.com

How India’s strict lockdown choked gold smuggling routes to country

Illegal shipments of gold are estimated to have slowed to a trickle of about 2 tons a month, and may total about 25 tons this year, compared with an estimate of 120 tons last year.
Gold | Representational Image | Commons

These are top 5 Indian airports where the most amount of smuggled gold was seized in 2019-20

According to government data, gold smuggling fell marginally in 2019-20 compared to the previous fiscal.
Gold bangles | pikist.com

India’s gold imports rebound in July after 79% fall in first half of 2020

The rise showed the first year-on-year increase in first half of the year. However, gold demand is forecast to slide to record low as virus-related restrictions left million jobless.
Gold bangles | Representational image | pikist.com

Govt plans amnesty scheme for illegal gold holdings to curb tax evasion and cut imports

Finance ministry plans to ask people with unaccounted holdings of gold to declare it to tax authorities and pay levies and penalty.
A woman tries on gold bangles at a jewellery store | Representational image | Photo: Dhiraj Singh | Bloomberg

Gold demand in India seen plunging to lowest on record as prices hit an all-time high

The consumption of gold fell 56% from a year earlier to 165.6 tons in the first half of 2020. The drop is unlikely to be made up during the rest of the year.
Representational image | Pexels

As gold price soars, so does India’s demand for loans against gold in pandemic season

India’s demand for gold-backed loans has risen as its price crosses Rs 50,000 per 10 gm, allowing families to borrow larger amounts against holdings.
Gold | Representational Image | Commons

This is the message behind the stunning rally in gold prices – world economy is in trouble

Coronavirus has unleashed a torrent of forces that are conspiring to fuel relentless demand for the perceived safety from turmoil that gold provides.

On Camera

A file photo of Turkey President Recep Tayyip Erdogan. | Photo: Jeenah Moon/Bloomberg

How France-Turkey’s probable but unlikely conflict has been shaped by Erdogan’s politics

In episode 604 of #CutTheClutter, Shekhar Gupta explains the recent France-Turkey conflict and the deeper implications of this row.
The Reserve Bank of India | Photo: Suraj Singh Bisht | ThePrint

Banks have not a signed a single agreement for RBI’s debt recast scheme for high value loans

Tepid response to the debt recast scheme is being seen because there is lack of awareness and reluctance by banks, say bankers.

Defence

Army personnel during a parade (representational image) | Photo: Suraj Singh Bisht | ThePrint

Army develops WhatsApp-like app for personnel to dodge risk of communication leaks

The Secure Application for Internet supports secure voice, text and video-calling services for Android platforms over the internet. It is end-to-end encrypted. 
Illustration: Soham Sen/ThePrint

Trump or Biden? Doesn’t matter to India-US ties as they’re in a full, strategic embrace

Pompeo & Esper’s visit to India for the 2+2 talks is proof that old hypocrisies are history, and supreme national interest has again driven a strategic choice.