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.
Coal-based power generation fell 3% in 2025 while renewable capacity surged to 40% of India’s installed power mix, according to India Power Sector Review 2025 by CREA.
Pakistan military said it has assured Bangladesh of fast-tracked delivery of Super Mushshak trainer aircraft during high level defence meet held Tuesday.
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.
COMMENTS