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GOLD MONETISATION SCHEME
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...
- How gold ETFs, tax changes, and recycling incentives can reduce India’s dependence on gold importsOne of the objectives of the gold ETF was not merely financial innovation but to reduce, or at least postpone, the import of physical gold....
- How to manage the rupee while protecting growthFirst, on the rupee, one of the most effective ways to stabilise the currency is to improve the flow of foreign exchange into the country. ...
- 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...
- India denies temple gold monetisation claims, calls viral reports 'false and baseless'The Ministry of Finance has strongly refuted social media rumors about plans to issue gold bonds against temple gold reserves. The governme...
- Gold recycling schemes on the rise after gold prices move up: How your old jewellery is evaluated and what price you getRising import duty and PM Narendra Modi’s appeal to delay purchases have pushed jewellery brands like Kalyan Jewellers and Malabar Gold & D...
- Duty hike may bring out more old gold into marketIndustry executives said promoting sales of lower carat jewellery like 14K and 9K can reduce imports by 20-30%, and discouraging investment...
- Gold volume growth may dip 10–15% after duty hike, say jewellersIndia's gold and silver import duty hike may affect jewellery sales volumes initially. Industry leaders believe demand will stay strong due...
- 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...
- The 2013 ghost returns: Will higher gold duties actually restrict imports or just fuel the grey market?India’s shock hike in gold and silver import duty to 15% has revived memories of the 2013 crisis. While the move aims to curb dollar outflo...
- Gold import duty hike inflates prices, raises smuggling risk: Gem & Jewellery Export Promotion CouncilThe Gem and Jewellery Export Promotion Council has urged the government to discuss ways to control gold imports. They state that increasing...
- Containing war impact on growth, current account: PMO stitching up plan to boost foreign fund flowOfficials at both the finance ministry and Niti Aayog are identifying economic opportunities presented by the Iran conflict, as well as gau...
- 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...
- PM Modi wants Indians to buy less gold but jewellers suggest three ways to save forex without any sacrificesAmidst calls to conserve forex, the All India Jewellers and Goldsmith Federation proposed a dedicated bullion bank and revamped gold moneti...
- Bullion industry proposes plan to turn India's idle gold into working capitalIndia's gold imports are rising, prompting industry bodies to suggest ways to curb them. Proposals include recycling household gold and lim...
- No plan to hike gold import duty despite Modi's appeal to skip buying, says government officialIndia denies plans to raise gold and silver import duties. Prime Minister Modi urged citizens to avoid gold purchases amid economic pressur...
- As Modi urges restraint on gold buying, jewellers’ body pitches mobilisation & recycling frameworkThe All India Jewellers & Goldsmith Federation proposes mobilising India's idle gold stocks. This approach aims to save foreign exchange wi...
- PM Modi's appeal to postpone gold buying could hurt jewellery industry, says GJCThe gems and jewellery sector anticipates challenges following Prime Minister Narendra Modi's call to delay gold purchases. Industry leader...
- GJC pushes RBI for revamped Gold Monetisation SchemeThe Gem and Jewellery Council is proposing a new Gold Monetisation Scheme. This plan aims to work with the Reserve Bank of India and the Fi...
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