Mumbai: In a major relaxation in gold deposit scheme, the Reserve Bank of India (RBI) yesterday allowed banks to redeem gold deposited under the scheme
New Delhi: The Reserve Bank has fixed the public issue price at Rs 2,600 per gram for the sovereign gold bonds, for which applications will
New Delhi: India is expected to grow by 7-7.5% in 2015-16, slower than the previous estimate of 8.1-8.5% as weak exports, sluggish farm sector and
The two gold schemes recently introduced by the Indian government have received jaded response with Sovereign Gold Bonds (SGB) earning an initial collection of INR
New Delhi: The Reserve Bank of India (RBI) on Friday issued detailed guidelines on the sovereign gold schemes aimed at curtailing the physical demand for
Mumbai: Entities participating in Gold Monetization Scheme can earn up to 2.50 percent interest rate on their idle gold. Interest rate on Medium and Long
Mumbai: Factory Output Surprises on the Upside: Index of Industrial Production (IIP) grew 6.4% in August 2015, much higher than India Ratings and Research’s (Ind-Ra)
New Delhi: Emphasizing that real estate, power, steel, gems and jewellery sectors are in real crisis, the Assocham has sought special dispensations for these industries
New Delhi: The Indian government has dropped plans to utilize gold mobilized under the proposed Monetization scheme for meeting mandatory liquidity requirements for banks, as
Mumbai: Gold free fall has wiped out 44% of the value of gold reserves with the Reserve Bank of India (RBI) compared with the peak
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