Analysis of Union Budget shows govt expects nearly 40% lower inflows in FY25 from sovereign gold bonds than it earlier estimated, likely because of the high fiscal burden they impose.
Report by the PHD Chamber of Commerce and Industry says domestic gold production is expected to rise from 16 tonnes to 100 tonnes by 2030, eliminating the need for imports.
As per RBI data, Indians mortgaged their gold jewellery to borrow more than Rs 1 lakh crore in 2023-24, nearly five times more than they did in 2018-19.
Gold’s ability to hold value in times of political and economic uncertainty makes it a favoured asset in central bank reserves. It is considered a long-term hedge against inflation.
240 British-era gold coins, found by Adivasi labourers hired to demolish an NRI's house, travelled from Gujarat to Madhya Pradesh, setting off an inter-state hunt. The question everyone's asking is: who gets the gold?
In ‘Spreading Joy’, Joy Alukkas tells the story of how he became India’s richest jeweller. From spreading his wings under his brothers’ watchful eyes to setting up shop in Dubai.
Gold is essential to own because it serves as a hedge against inflation. Retirees can own physical gold coins, gold bars, or bullion through a gold IRA, says Orion Gold IRA.
By consolidating 29 laws into four codes, compliance is streamlined and regulations are simplified, improving “ease of doing business”. This is bound to improve investor confidence.
Rural ownership of motor vehicles jumped from 19 percent in 2011-2012 to 59 percent in 2023-2024, while urban rose from 40 percent to 68 percent during the same time period, study by two members of PM-EAC says.
At the Jindal Literature Festival, Maj Gen (Retd) Lakhwinder Singh reveals secrets from 25 years ago, speaking about the decision that outwitted Musharraf and changed the course of the war.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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