Problem: India imports too much gold. Facts: There is a lot of gold lying in temple vaults, including jewellery, donated by people over years. This does ...
I had recently mentioned that the Gold price drop would cause the Indian Current Account Deficit to narrow, and even quantified the amount: (How Much do the ...
Indian markets have rallied substantially in the face of falling crude and falling gold. This is on the assumption that India will have a much lower current ...
There is tremendous outrage that Vijay Mallya, the flamboyant chief of the ailing Kingfisher Airlines has donated 3 kilograms of gold to a temple, while the ...
The RBI, in the October Policy banned loans against Gold, citing that it causes speculative trading in the yellow metal. A notification has now been issued: ...
NRIs who were returning to India were allowed to bring in upto 10 kgs of Gold (on payment of customs duty) Now that limit has been cut to 1 kg, because ...
RBI has changed the rules for the Gold Loan NBFCs. They now need to only lend upto 60% of the value of jewellery, with the change in "Loan-To-Value” ...
Gold is increasingly viewed in two kinds of angles, by seriously literate people all over the world. 1. That there will be inflation, and thus, gold will be ...
RBI just hurt Gold Loan companies who had big advertisements on TV and Radio (Mannapuram, Muthoot). From Moneycontrol: The RBI is keen that banks lend more to ...
