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Wednesday, October 1, 2025
TopicWorld Gold Council

Topic: World Gold Council

India’s duty cut to revive gold demand after weak June quarter, World Gold Council says

Duty cut brought down domestic prices of gold last week to Rs 67,500 ($806.20) per 10 grams, their lowest in 4 months, from a record high of Rs 74,777 earlier this month.

More central banks plan to increase their gold reserves within 12 months, WGC survey finds

The survey, which was conducted in February-April and included a total of 69 responses, showed that 29% of central banks expected their own gold reserves to increase in the next 12 months.

Modi govt rethinks Gold Monetisation Scheme, feels it’s too expensive, hasn’t achieved aim

RBI has been asked to conduct a structural review of the scheme, including its rationale, associated high costs, and desirability of its continuation.

On Camera

Jana Sangh leader VK Malhotra brought Advani to Delhi, kept the party afloat after 1984 setback

Unlike his colleagues from the time of the BJS, several of whom became governors and held other constitutional posts, Malhotra chose to lead a quiet and simple retired life after the massive 2014 victory of the BJP.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

In Nepal, young dreams of serving in Indian Army crash as Agnipath halts a centuries-old tradition

Since 1815, Nepali Gorkhas have served in Indian & British Armies, as well as in Bihar, Bengal & Assam Police. Since Agnipath scheme came in, no Nepal-domiciled Gorkha has enlisted.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.