'There is a misconception that gold is a dead asset in India.' 'Around 30 per cent of agriculture loans are collateralised by gold, Soumya Kanti Ghosh and Saket Hishikar, economists at the SBI, point out.
While riskier than debt, Sebi's stringent guidelines may ensure a safe and liquid product.
In the past three years, personal loans have grown at twice the rate of growth in personal disposable income, leading to a steady rise in household indebtedness. At the end of March this year, Indians owed Rs 25.2 lakh crore to banks and listed non-banking finance companies (NBFCs), up 65 per cent in the past three years.
The industry's reactions to the Budget have been mixed.
Budget could well determine if Achche Din will materialise
Digitisation is changing the banking business. This shift has resulted in a change in banking job profiles.
Consequences of China's efforts to stabilise its equity markets after three weeks of declines, which wiped out some 30 per cent of the value is far more importance to the world, says Clyde Russell.
Dealers anticipated a sharp rise in jewellery demand this wedding season, but then came demonetisation.
As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
Daily turnover down by a third in December compared to previous months.
What is the wider political strategy behind Mr Modi's concerted attack on black money, asks Subir Roy.
If purists are surprised as to why and how people are not demanding prohibition or not talking about past promises, both in the election manifestos five years back and even those made to the courts, the answer lies in how the state has been evolving and changing these past few years, says N Sathiya Moorthy.
High price, combined with the decision to go only for diesel and position it as a crossover, resulted in its limited success
Total fuel subsidies accounted for less than 1 per cent of GDP and under 3 per cent of total government expenditures in FY14.
Coffee Board of India has signed on P V Sindhu, P Gopichand and Prabhas and Rana Daggubatti from the Baahubali star cast as brand ambassadors
Ma and the other co-founders had finalised the name "Alibaba" after much research on its acceptability.
'The no-rate cut policy and preference to wait for the Budget and clarity on the fiscal front demonstrate RBI Governor Shaktikanta Das is maturing in his new role,' notes Tamal Bandyopadhyay.
'At Snapdeal, our aim is to become the best-in-class technology company.'
Higher rural incomes, pay commission benefits, and lower interest rates are key positives: Analysts
These funds give the wealthy an option to invest in strategies that other equity products like mutual funds and portfolio management services cannot, says Nishant Agarwal.
Some analysts believe underperformance of the TCS stock may continue.
A family man with two sons, who made it a point to attend all weddings and occasions in the community, Siddhartha is known by everyone as the quintessential 'nice guy' CEO -- never yelling, raising his voice or screaming at his employees, says Pavan Lall.
'One good thing that has come out of all this is that it shown people that online ordering is the way forward.'
The big challenge is beating piracy and convincing users to pay for content.
Inclusive growth is about enabling wider participation in the growth story, but the current if fiscal debate is about how to compensate losers using annual Budgets, says Rathin Roy.
India has the potential to achieve 9 per cent growth rate and become a $10 trillion economy by 2034 on the back of concerted efforts by the corporate sector and a constructive role played by the government, a PwC report said on Monday.
Spends by e-commerce players have now touched Rs 1,000 crore.
Accusing the United Progressive Alliance government of "heaping hardships on people," Tamil Nadu Chief Minister J Jayalalithaa flayed its "knee-jerk" reaction of increasing Foreign Direct Investment cap in different sectors and warned that its "insensitivity" towards people will take its toll soon.
The Reserve Bank of India's latest data indicate that spending per card is rising steadily - something that consumers should worry about
French stocks, particularly those exposed to the country's large tourism sector, are likely to suffer the biggest falls
The revival of feature phones in India is driven by low-cost access to the internet, but the 'dumb phones' are learning to get smart and create a niche, says Veer Arjun Singh.
New offerings by banks are changing the way you transact.
To boost fund raising from markets, Sebi on Thursday proposed e-IPO norms where investors can bid for shares through Internet and eventually on mobiles, while already listed PSUs will be provided a 'fast-track' route for share sales to meet the disinvestment targets.
If customers did not see value in what we provide them at the price point at which we provide these, they would not have been there with us in such a competitive market, says HDFC deputy managing director Paresh Sukthankar.
Russian firms expand their footprint in India. And take bigger steps to do business with India's private sector.
The venue for Saturday's meeting was shifted at the last minute from the headquarters of the India Banks' Association in Cuffe Parade to avoid media glare.
Trinamool Congress supremo Mamata Bannerjee on Friday rubbished allegations of understanding between her and Bharatiya Janata Party, stating that she attended the IISCO programme along with Prime Minister Modi as it was related to the state's development.
Three policymakers aware of the central bank's deliberations on the Budget said they are combing through the numbers to test how Jaitley struck a balance, and question some of the assumptions.
Feedback has led the brand to ramp up its shirts collection, despite the popularity of its polo t-shirts.
In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each
