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GOLD BONDS TEMPLES
Modi wants Indians to press pause on gold. But the $5.2 trillion obsession runs deepIndia’s attempt to protect the rupee is now colliding with one of the country’s strongest cultural habits — buying gold. After Prime Minist...- 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...
- India’s gold import duty hike: A double-edged swordIndia has raised gold import duty to 15% and urged citizens to buy less gold. This move targets foreign reserves and the rupee's value. How...
- Is a US stock market crash beginning? Nasdaq 100 drops over 2% as Dow Jones and S&P 500 struggle after inflation shock hits investorsIs a US stock market crash beginning as Nasdaq sinks 2% after shocking CPI inflation rattles Dow and S&P 500? The Nasdaq 100 plunged more t...
- FY25 gold bond float target cut by 38%Net issuances of the sovereign gold bonds (after factoring in redemption) are now pegged at ₹15,000 crore in this fiscal, against ₹26,138 c...
- Sovereign gold bond issue for FY25 pegged 10% higher at Rs 29,638 croreThe government plans to issue sovereign gold bonds worth ₹29,638 crore in FY25, a 10% increase from the current fiscal year. This surge in ...
- Ram Mandir: Demand for gold and silver Ram Mandir coins, statues shinesJewellers in Uttar Pradesh are witnessing strong sales of Ram temple coins, Ram Darbar statues in gold and silver, and other related articl...
- Gold schemes' mopup breaches Rs 50,000 croreAt the current retail gold rate, this is equivalent of 85 tonnes of the precious metal, representing 11% of the country's demand for the pr...
- RBI to launch next tranche of sovereign gold bonds on July 10; 10 things you must knowApplications for the bond issue will be accepted from July 10, till July 14, 2017.
- Siddhivinayak Temple to take shares as donationDevotees will initially be able to offer shares through the demat account set up for the temple. This initiative will later be extended to ...
- Gold imports drop over 38 per cent in June to $1.2 billionGovernment has netted 3.1 tonnes of idle household and temple gold under the monetisation scheme since its launch in November 2015.
- Third gold bond scheme gets subscription for only 1,128 kgThe second tranche had seen applications for 2,872 kg of gold worth Rs 747 crore. There were 3.16 lakh applications in the second edition.
- Gold bond tranche opens on January 18, other scheme nets in 500 kgAimed at curbing demand for physical gold, the government today said banks will launch the second tranche of the sovereign gold bond scheme...
- Government takes stock of progress in gold schemesEconomic Affairs Secretary Shaktikanta Das today interacted with members of the public and private bankers here to review the progress of t...
- PM Narendra Modi to launch 'India gold coin' bearing Ashok Chakra, other schemes on November 5Prime Minister Narendra Modi will launch the first ever 'India gold coin' bearing Ashok Chakra and other schemes on November 5.
- Sovereign gold bond scheme more likely to succeed, says Nomura reportAnnual investment demand for gold is estimated at 300 MT per annum, which is around 35% of India's gold import bill ($ 34 bn in fiscal year...
- Gold monetisation scheme: 2% interest likely on gold depositsAs regards the sovereign gold bond scheme, govt aims to raise Rs 15,000 cr and timing of the launch will be decided in consultations with R...
- Gold held near 4-week low on India's bullion plan before FedGold held near a four-week low on concern that India will reduce bullion imports and as US jobs data added to the case for higher interest ...
- Shirdi temple has ornaments, jewellery worth over Rs 32-crThe famous pilgrim centre of Shri Saibaba temple in Shirdi has ornaments and jewellery worth over Rs 32-crore and investments running into ...
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