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GOLD MONETISATION SCHEME
Indian jewellers may earn up to 1% incentive under revamped Gold Monetisation Scheme: IBJAIndian jewellers could earn an additional 0.75%-1% commission under a revamped Gold Monetisation Scheme (GMS) proposed by the India Bullion...- Gen Z could unlock India’s Rs 315 lakh crore gold opportunity: ReportIndia's gold market is poised for transformation driven by digitally savvy Gen Z consumers. This generation views gold as a flexible financ...
- Jewellers may be looped in for idle gold mobilisationThe government is exploring a revamped Gold Monetisation Scheme, aiming to involve jewellers for the first time to tap into the vast amount...
- Gold sitting idle at home? Here's how it could earn you an income and what to watch out forIndians traditionally hold gold as jewellery and a store of wealth, but it often sits idle. Gold leasing offers a way to earn returns by le...
- MCX widens domestic refiner pool, revises delivery normsMCX has updated its norms to include BIS-certified bullion and more local refiners. This move aims to increase domestic gold and silver sup...
- India has got a $5 trillion sleeping giant: Can govt wake it up?India holds an estimated $5 trillion worth of gold in households and temples, yet continues to spend billions importing more every year. As...
- Your gold is sitting idle. A step-by-step guide to how you can lease it and earn a tax-free income
- Five reforms India needs before the next shockIndia faces economic vulnerabilities from external crises. Five reforms are proposed to build resilience. These include reducing gold and c...
- FCNR(B): Revisiting a proven crisis management toolFacing renewed external sector pressures, the RBI has revived a version of the FCNR(B) deposit framework to attract foreign currency inflow...
- Retirement planning: 7 golden rules you must consider for easy retirementRetirement planning should focus on generating sustainable income while ensuring the corpus lasts throughout life. Key factors include acco...
- Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...
- Is government planning to issue gold bonds to temples in exchange for gold reserves? Check hereThe Indian government has officially denied circulating rumors about plans to issue gold bonds to temples or to monetize temple gold holdin...
- Malabar Gold & Diamonds backs Modi’s call on responsible gold use, seeks overhaul of monetisation schemeMalabar Gold & Diamonds proposed enhancements to the Gold Monetisation Scheme to boost public participation and mobilize idle gold. The com...
- Amid PM Modi's 'no gold buy' appeal, a scheme that planned mobilisation of idle gold at homes gets spotlightThe gems and jewellery sector is urging the government to strengthen the Gold Monetisation Scheme. Industry bodies believe domestic gold mo...
- The Gold Monetisation Scheme was introduced in 2015 but why hasn't it picked up
- Government mobilises 900 kg of gold under monetisation schemeThe Gold Monetisation Scheme was fine-tuned to make it more attractive and convenient to encourage entities holding idle gold to participat...
- For gold monetisation scheme to work don’t ask people for source: Traders to governmentDealers want the government to simplify the gold monetisation scheme through measures such as not pressing people to declare the source of ...
- Reserve Bank issues guidelines for gold schemesReserve Bank today issued detailed guidelines on the sovereign gold schemes aimed at curtailing the physical demand for the yellow metal.
- Cabinet approves gold monetisation scheme and gold bonds"It is safer and economically more stable to go under both these schemes," Finance Minister Arun Jaitley said after the Cabinet meeting.
- Catch the glow of goldYour gold may earn 2-3% interest under the proposed Gold Monetisation Scheme being finalised by the government.
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