Gold Reserves
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India Sits On 32,000 Tonnes of Gold. Why PM Modi Wants It Back In Play
Last month, Prime Minister Narendra Modi urged citizens to recycle idle gold instead of relying solely on newly imported gold.
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India's Forex Reserves Drop By $7.5 Billion To 681.38 Billion
Prime Minister Narendra Modi has also made multiple public appeals to countrymen to conserve forex by cutting down on foreign travel, limiting fuel use and refraining from gold buys for a year.
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'Prices Have Hit Unimaginable Levels': N Sitharaman Says Focus On Three 'Fs'
Sitharaman defended the Centre's handling of rising fuel prices, saying the government had already taken a major revenue hit to shield consumers.
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Explained: Why India Raised Gold Import Duty, And What It Means For You
India's forex reserves have slipped amid the Iran war. By raising gold import duty, India is taking pre-emptive steps to save its forex reserves.
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Centre Raises Gold, Silver Import Tariffs To 15% Amid PM's Forex Warning
The government has imposed a 10% basic customs duty and a 5% Agriculture Infrastructure and Development Cess (AIDC) on gold and silver imports, taking the effective import tax to 15% from 6%.
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PM Modi Calls For WFH, Travel Curbs Amid Oil Price Hike. What Other Nations Did
New Delhi is the latest among a growing number of Asian economies calling for lower energy consumption amid skyrocketing fuel prices due to Iran tensions.
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Impact Of PM Modi's Speech Out: Jewellery Stocks Take The First Hit
Gold Price Today: Investors dumped jewellery stocks on fears that demand could slow, especially during weddings and festive purchases.
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$72 Billion: The Forex Logic Behind PM Modi's Appeal To Avoid Buying Gold
PM Modi's Appeal To Save Forex: Not buying gold for a year can directly reduce India's dollar outflow by tens of billions.
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Israel's Regulatory Authority Approves Shekel-Pegged Stablecoin After Pilot on Solana Blockchain
Israel’s regulator has approved a shekel-pegged stablecoin by Bits of Gold after a two-year pilot. The BILS token will operate under strict conditions, with reserves held in segregated local accounts, as authorities move towards regulated crypto adoption.
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Oil Revenue vs Ukraine War Bills: Is Russia Hiding Economic Stress?
The non-oil deficit remains deeply negative. This means Russia still relies heavily on energy exports to balance books.
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Opinion | India Sits Atop 500 Million Tons Of Gold Ore. Why Isn't It Being Mined? - By Shashi Tharoor
We mine a pittance - barely one and a half tons a year - while draining our foreign exchange reserves to import hundreds of tons annually from mines in Australia, Ghana, and Peru.
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Ghosts Of 1971 Crisis: Why France Moving Gold From US Is Spooking Markets
France's central bank sold the older bars in New York at record-high gold prices and used the proceeds to buy higher-standard gold in Europe.
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Dhurandhar 2's Luxury Watch Collection, From Rs 44 Lakh Rolex To Rs 75,000 Casio
From Rs 9,000 G-Shocks to Rs 44 lakh Rolex icons, the watches mirror the characters' worlds in Dhurandhar 2
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Not Gold, Not US Dollar, This Asset Has Surged The Most During Iran War
Since the war has triggered a sell-off of equities (considered riskier), investors are scrambling to park their money in safe-haven assets.
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Gold Falls 1.5%, Silver Rises 1.6% After Over 3-Week Low
Gold extended falls on Monday, pressured by a firm dollar, as investors gauged US President Donald Trump's Fed chair pick Kevin Warsh's approach to interest rate cuts, while silver recovered from a more than three-week low hit on Friday.
-
India Sits On 32,000 Tonnes of Gold. Why PM Modi Wants It Back In Play
Last month, Prime Minister Narendra Modi urged citizens to recycle idle gold instead of relying solely on newly imported gold.
-
India's Forex Reserves Drop By $7.5 Billion To 681.38 Billion
Prime Minister Narendra Modi has also made multiple public appeals to countrymen to conserve forex by cutting down on foreign travel, limiting fuel use and refraining from gold buys for a year.
-
'Prices Have Hit Unimaginable Levels': N Sitharaman Says Focus On Three 'Fs'
Sitharaman defended the Centre's handling of rising fuel prices, saying the government had already taken a major revenue hit to shield consumers.
-
Explained: Why India Raised Gold Import Duty, And What It Means For You
India's forex reserves have slipped amid the Iran war. By raising gold import duty, India is taking pre-emptive steps to save its forex reserves.
-
Centre Raises Gold, Silver Import Tariffs To 15% Amid PM's Forex Warning
The government has imposed a 10% basic customs duty and a 5% Agriculture Infrastructure and Development Cess (AIDC) on gold and silver imports, taking the effective import tax to 15% from 6%.
-
PM Modi Calls For WFH, Travel Curbs Amid Oil Price Hike. What Other Nations Did
New Delhi is the latest among a growing number of Asian economies calling for lower energy consumption amid skyrocketing fuel prices due to Iran tensions.
-
Impact Of PM Modi's Speech Out: Jewellery Stocks Take The First Hit
Gold Price Today: Investors dumped jewellery stocks on fears that demand could slow, especially during weddings and festive purchases.
-
$72 Billion: The Forex Logic Behind PM Modi's Appeal To Avoid Buying Gold
PM Modi's Appeal To Save Forex: Not buying gold for a year can directly reduce India's dollar outflow by tens of billions.
-
Israel's Regulatory Authority Approves Shekel-Pegged Stablecoin After Pilot on Solana Blockchain
Israel’s regulator has approved a shekel-pegged stablecoin by Bits of Gold after a two-year pilot. The BILS token will operate under strict conditions, with reserves held in segregated local accounts, as authorities move towards regulated crypto adoption.
-
Oil Revenue vs Ukraine War Bills: Is Russia Hiding Economic Stress?
The non-oil deficit remains deeply negative. This means Russia still relies heavily on energy exports to balance books.
-
Opinion | India Sits Atop 500 Million Tons Of Gold Ore. Why Isn't It Being Mined? - By Shashi Tharoor
We mine a pittance - barely one and a half tons a year - while draining our foreign exchange reserves to import hundreds of tons annually from mines in Australia, Ghana, and Peru.
-
Ghosts Of 1971 Crisis: Why France Moving Gold From US Is Spooking Markets
France's central bank sold the older bars in New York at record-high gold prices and used the proceeds to buy higher-standard gold in Europe.
-
Dhurandhar 2's Luxury Watch Collection, From Rs 44 Lakh Rolex To Rs 75,000 Casio
From Rs 9,000 G-Shocks to Rs 44 lakh Rolex icons, the watches mirror the characters' worlds in Dhurandhar 2
-
Not Gold, Not US Dollar, This Asset Has Surged The Most During Iran War
Since the war has triggered a sell-off of equities (considered riskier), investors are scrambling to park their money in safe-haven assets.
-
Gold Falls 1.5%, Silver Rises 1.6% After Over 3-Week Low
Gold extended falls on Monday, pressured by a firm dollar, as investors gauged US President Donald Trump's Fed chair pick Kevin Warsh's approach to interest rate cuts, while silver recovered from a more than three-week low hit on Friday.
