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INDIA GOLD HOARD
How India can build a bigger oil buffer without straining the exchequerAs tensions around Iran and the Strait of Hormuz ease, India should focus not only on managing the immediate oil crisis but also on strengt...- What should you do with your gold investments as gold import duty increases to 15%?Gold prices surged after the government raised gold import duty from 6% to 15%, impacting MCX, IBJA rates, ETFs, and jewellery retailer pri...
- 409 gold coins buried for 100 years found beneath the remains of a destroyed home; mystery owner still unknownA remarkable discovery of 409 gold coins, hidden for over a century, was unearthed beneath a house in Torzhok, Russia. The coins, dating fr...
- Stock, mutual fund investing from Tier-2, 3 cities grows fast, but limited awareness, advisory gaps remain key concernsEven as individuals from Tier-2/3 cities and beyond are rapidly embracing the world of stocks and mutual funds, gaps in advisory and awaren...
- This Akshaya Tritiya, your gold does not have to sit in a locker to work for youThis Akshaya Tritiya, gold's traditional significance meets a striking financial reality with prices up over 30%. While cultural relevance ...
- Indian household gold higher than gold reserves of world's top 10 central banks: AssochamIndia’s households now hold more gold than the top 10 central banks combined, with estimates ranging from $2.4 trillion to $10 trillion. As...
- 'Softening gold prices may spur demand on Akshaya Tritiya', says TanishqGold jewellery purchases may advance for the April-July wedding season. Buyers can book orders on Akshaya Tritiya, April 19. Tanishq CEO Ar...
- India must channel $10 trillion in household gold into financial system: Former minister ChoudharyIndia's vast household gold reserves could boost economic growth. Experts suggest shifting consumers to financial instruments like Electron...
- $2.4 trillion worth of gold! India's household hoard is 6x Pakistan's economyIndian households hold an estimated 25,000 tonnes of gold worth $2.4 trillion—nearly six times Pakistan’s GDP and greater than Italy’s econ...
- Find bullion attractive? Gold doesn't charm Vani Kola, Kalaari MD reveals she doesn't own or buy jewelleryIndian venture capitalist Vani Kola shared some facts about gold, stating that Indians possess an estimated 25,000 tonnes of gold, with abo...
- Money invested in gold is money hoarded: Here's whyGold prices still respond to desolation and crisis in world markets. Any uncertainty in asset prices and the future, gold prices move up. H...
- India considers amnesty for citizens hoarding gold illegallyAny proposal for an amnesty is fraught with risks as the country’s top court has ruled that Indians cannot claim absolute amnesty following...
- Gold standard for Chinese corruptionA haul of 13.5 tonnes from the basement of just one official’s home is shining proof.
- Treasure troves: Some most valuable archaeological discoveries in historyHere are some of the most valuable archaeological discoveries in human history:
- Counter Point: Steps to control India's physical Gold gemandThe government wants to wean away people from physical gold and has already implemented liberal gold monetisation scheme and sovereign gold...
- View: Less black in cash means more in goldA 5g gold coin today is worth roughly Rs 15,000, and a 10g coin roughly Rs 30,000. So, a briefcase of gold coins will hold several crores, ...
- Expertspeak: The yellow metal will lose its glitterGold’s lacklustre performance over the past few years and strong performance of financial assets is reining in fascination for the metal.
- Plane toilets become newest place to hide and smuggle goldLast week, a plane’s toilet was found to have secreted 240 gold bars, surpassing an earlier haul of 32 bars in Chennai.
- RBI plans to request Tirupati, Shirdi shrines to sell their gold pile to rescue Re fallTirupati is among the world’s richest temples with an estimated gold hoard of about 1,000 tonnes. India has a gold stock of 18,000-30,000 t...
- Gold import curb to hit West Bengal artisansThe government's curb on gold import is expected to hit hard the gems and jewellery artisans in West Bengal
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