Addressing a rally in Suratgarh town of Ganganagar district, a day after declaring his party would roll out the scheme if voted to power, Gandhi alleged that Prime Minster Narendra Modi gave money to the rich and top industrialists of the country, but the Congress would serve the poor.
The overall gold demand during the second quarter of 2013 stood at 1,148 tonnes, the World Gold Council Q2 Demand Trends report said.
Big Mumbai developers' inventory at Rs 53.4 crore.
.jpg)
Bullion merchants said apart from sustained buying by jewellers and retailers to meet rising wedding season demand, a firming global trend mainly boosted the sentiment.
India imported 967 tonnes of gold in 2014-15.
Traders said lack of buying support from retailers and jewellers who preferred to keep their activity restricted, anticipating further fall in coming days, mainly kept gold prices unchanged.
Nearly two-thirds of India's gold demand comes from rural areas where jewellery is a traditional store of wealth for millions who have no access to the formal banking system.
Warning: These tips are not for those who are already in a debt trap or struggling to meet expenses.
"These days, the PM is at a different level. He doesn't discuss anything with anybody," said Rahul.
People can deposit idle gold with authorised agencies and take advantage of the price escalation of gold as well as earn interest on the deposit.
Gold on Saturday surged to five week high by gaining Rs 280 to Rs 28,425 per ten grams in the national capital on increased buying by stockists and jewellers against restricted supply.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
Concern would kick in if imports stay at or over 100 tonnes a month.
Traders said increased buying by stockists and retailers mainly kept gold prices remain higher for the third day.
Festive demand for gold in India got off to a tepid start, with local prices still at a heavy discount to the global benchmark, a bad sign for a period when buying is typically strong.
On the domestic front, gold of 99.9 and 99.5 per cent purity fell by Rs 30 each to Rs 28,445 and Rs 28,245 per 10 grams, respectively after gaining Rs 655 in last three days. Sovereigns, however, remained stable at Rs 24,400 per piece of eight grams in restricted buying activity.
Rajan, as expected, furthered his predecessors' agenda and continued with the same resolution to make India's financial system safer, and direct the economy towards further liberalisation
As CAB was tabled in Lok Sabha, West Bengal CM said she will never allow NRC in the state.
Like the UPA government, probably the NDA government also feels that hardships caused to taxpayers are just collateral damage and that taxpayers are too few and even those few don't have a vote (non-individuals) or don't vote, says Harsh Roongta.
India will also launch a sovereign gold bond to lower physical demand.
'As a person who has seen the treasure, I am worried about its safety.'
On gold buying occasions such as Akshaya Tritiya, Chiraj Mehta points out, investors are often confronted with the question: Should I make just a token purchase, or should I buy more towards building my allocation in the yellow metal?
The recently approved government scheme provides both liquidity and returns.
'It is unrealistic to expect that security dilemmas and strategic distrust to disappear or even diminish any time soon,' says Rup Narayan Das.
James Wilson tracks down discrepancies in the much-hailed demonetisation policy and the subsequent statements of the government and the Reserve Bank of India.
Imports of gold and silver in February 2013 stood at $5.24 billion. In January this year, they were $1.72 billion.
Despite the recent imposition of import rule and high duties, the yellow metal continues to attract buyers.
Steps such as safeguard duty in the works to plug the route
Crypto-assets are essential to blockchain technology, which has the potential to be one of the next major growth drivers for the software ecosystem in India. A prohibition would nip this opportunity in the bud, say Vaibhav Parikh and Jaideep Reddy.
As economic policy making moves from pragmatism to populism, the bulls begin to make way for cautious optimists.
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
Besides return and risk, investors also need to weigh the liquidity of the instrument they are putting money in
'We have given the authorities our bank details; hope they give us something since we won't be able to work for some time.' A Ganesh Nadar/Rediff.com speaks to passengers injured in the terrors blasts on the Bangalore-Guwahati Express.
The banana grower, like everyone else in the village, was buying all his daily requirements on credit. The grocer, fishmonger and vegetable seller were all happily dispensing with their goods and keeping account of who owed what.
.jpg)
Returns on godl have depleted in past few years,
The government had increased customs duty on gold to 10 per cent and banned import of gold coins and medallions, while the RBI linked imports of the metal to exports.
The government has also built in mechanism to protect investors from price fluctuation.
The government on Monday reduced import tariff value on gold to $388 per 10 grams and on silver to $540 per kg, following global price trends.
BJP national president Amit Shah asserted that the last 15 years rule of the BJP is a model of an ideal state. "Raman Singh government has successfully tried to contain the Naxal and made the state an education hub. This manifesto is for Naya Chhattisgarh.
Amid concerns of bullion trade being used for routing of black money, Switzerland's gold exports to India have risen further and is fast approaching Rs 1-trillion mark for the entire 2014.
