Since trading in virtual currencies is not illegal, they traded in cash or through barter in some instances.
In April and May, there were additions by RBI of 600 kg and 900 kg. RBI's total gold holding is now 561.9 tonnes.
If more commodities which have seen a sharp rise in MSP are to be procured, such as pulses, oilseed and cereals, there could be a storage problem. Also, if state-owned Cotton Corporation of India joins in, this problem will aggravate.
Petrol and diesel are among the 90-plus commodities that have been approved by the government for derivatives trading
Growing trees means much more than strewing seeds around; it takes an understanding of local climatic conditions, indigenous strains and partnership with local communities.
With Karnataka election results out of the way and as several key states, including Madhya Pradesh and Rajasthan, prepare for assembly polls later this year ahead of the 2019 general election, Shankar Sharma, vice-chairman and joint managing director, First Global, advises investors to ignore all the noise around the elections.
India's gold holding in forex reserves rose to 560.3 tonnes by the end of March 2018.
'We will have to get together internally and figure how this will happen.' 'Suffice to say, it is feasible and will be done in a logical way.'
Geopolitical climate and equity markets as supportive for gold's role as a risk hedge.
Cascading effect of rising raw materials will result in inflation, high rates, slow capex
Regulated electronic platforms such as e-spot markets or spot exchanges may be deemed as authorised markets.
Despite various challenges, the past year was a good one, says Bruce Cleaver, chief executive officer of the De Beers Group, the global corporation that has been the leading one in all aspects of the diamond trade for over a century.
Sugar prices in October were Rs 36-37 a kg, from where they fell by Rs 8-9 per kg.
Gold prices this year are higher than last year, and the goods and services tax is an additional burden for consumers
'As an investor, I either have to exit my investments in the next three months or use dark pools or cash to transact. For a normal investor, it will be almost impossible to transact in bitcoin and other digital currencies.'
Uncertainties like the bankruptcies bill, rising non-performing accounts at banks and political uncertainty are expected to drive gold demand higher in India.
Cryptocurrency exchanges face issues with their current bank accounts.
Totally 13 global brands were surveyed by NGO on whether they ensured human right protection while sourcing when gold and diamonds
Measure to be implemented in metros first, followed by state capitals, district HQs and rest of country
There has been some improvement in prices of oilseed and gram after the central government increased their import duties
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