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.
New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.
The agreement, signed after meeting between Rajnath and US Secretary of War Pete Hegseth on sidelines of ADMM-Plus in Kuala Lumpur, aims to deepen bilateral ties in the critical sector.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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