The Reserve Bank of India has brought 100 metric tonnes of gold reserve from the UK to India as there is enough domestic storage capacity, and nothing more should be read into it, Governor Shaktikanta Das said on Friday. The RBI moved 100 metric tonnes of its gold stored in the UK to domestic vaults in FY24.
Somewhere between the darshan queue and the fugadi dancing, between ancient stone pillars and the riverfront, my nine-year-daughter found her own understanding of pilgrimage, says Hemantkumar Shivsharan.
The Reserve Bank of India (RBI), in its Financial Stability Report (FSR), cautioned that stress tests indicate two scheduled commercial banks (SCBs) may have to dip into their capital conservation buffers (CCBs), unless stakeholders infuse capital, under a scenario involving a gradual slowdown in domestic GDP growth and a moderate rise in inflation, with limited policy easing space available to the central bank.
Rediff explains why the system, not the Budget, is the problem.
Leading non-banking financial company (NBFC) Shriram Finance on Friday said Japan-based MUFG Bank would invest Rs 39,618 crore, or $4.4 billion, to acquire a 20 per cent stake on a fully diluted basis through a preferential issue of equity shares.
As of now, the custom duty on gold is 10 per cent.
In a significant breakthrough, the Special Investigation Team (SIT) of Meghalaya Police on Sunday recovered key evidence, including a missing gold chain of Raja Raghuvanshi, who was killed in Sohra last month.
The gold and silver holdings of domestic mutual funds (MFs) crossed the Rs 1 trillion mark for the first time in September, powered by a blistering commodity rally that lifted precious metal prices and drew fresh inflows into dedicated MF schemes.
Overall economic activity continued to hold up in November with demand conditions remaining robust, thanks to strengthening urban demand, but manufacturing and rural demand showed some signs of deceleration even as services remained strong, according to an article on the State of the Economy written by Reserve Bank of India (RBI) officials in the central bank's December bulletin.
RJD leader Tejashwi Yadav, contesting from Raghopur, declares assets worth Rs 8.1 crore, while his wife owns assets worth Rs 1.88 crore.
The Congress-led UDF secured a decisive victory in Kerala's local body elections, dealing a blow to the LDF, while the BJP gained significant ground, including winning control of the Thiruvananthapuram Corporation.
This exercise allows investors to realign their portfolios with changing market conditions and evolving personal objectives.
Neeraj Chopra's much-anticipated showdown with Pakistan's Olympic champion Arshad Nadeem at the Diamond League Meeting in Silesia, Poland, on August 16 will not take place
Gulveer Singh clocked 28 minute 38.63 seconds to win the gold to claim the gold medal in the men's 10,000m race at the Asian Athletics Championships.
India's exports contracted 11.8 per cent to $34.38 billion in October, showed government data released on Monday. Imports jumped 16.63 per cent to $76.06 billion.
'Stopping now would defeat the core purpose of an SIP, which is to average out the purchase cost over market cycles.'
Salman Iqbal, the long serving coach of Pakistan's top athlete Arshad Nadeem, was on Sunday banned for life by the country's Athletics Federation for violating the constitution of the Punjab Athletics Association, where he holds the position of president.
Which are some of most special places in the world to celebrate Christmas?
Jamaica has produced several legendary cricketers like Michael Holding, Courtney Walsh, Chris Gayle and Jeff Dujon, and they might have had an impact on Bolt.
Suruchi Inder Singh produced yet another sterling performance in the 10m air pistol event in Lima, Peru, to win her second consecutive ISSF World Cup gold medal.
A lower risk appetite among investors has driven gold, traditionally a safe-haven asset, to record highs so far this year. Fuelled by geopolitical tensions in West Asia, robust demand from central banks - particularly in Asia - and US President Donald Trump's tariff volleys, spot gold touched an all-time high of $2,956 per ounce on February 24 in the international markets.
In this special series, Dinesh Raheja explores prominent music duos, and the dynamics that went into the making, and the unmaking.
India's gold demand witnessed a 15 per cent on-year decline to 118.1 tonnes in the January-March quarter of this year, even as value grew by 22 per cent to Rs 94,030 crore due to surging prices, the World Gold Council (WGC) said on Wednesday. According to the WGC forecast, India's gold demand for 2025 is expected to be between 700-800 tonnes.
India's archers endured a night of chaos when their return to the country from Dhaka after the Asian Championships was delayed by a day due to a cancelled flight.
The Reserve Bank of India's (RBI's) draft guidelines on gold loans, if implemented in their current form, are expected to impact non-banking financial companies (NBFCs) and mid-tier banks in the near term, more significantly than larger banks, according to analysts.
With Bison lighting up screens, Anupama Parameswaran is lighting up the festive season with her stunning traditional looks.
India's Anush Agarwalla won the the dressage event of the Jubilaumsturnier Hofgeismar Open to record his maiden victory with his mare Floriana in Hofgeismar, Germany.
Gold prices could hit the $3500 an ounce (oz) mark in the next 18 months - up around 13 per cent from the current levels - given the global uncertainties and aided by investment demand, said analysts at BofA Securities in a recent note. Uncertainty around Trump Administration trade policies, BofA said, could continue to push the US dollar (USD) lower, further supporting gold prices near-term.
'Someone like Virat Kohli, that's a once-in-a-generation sort of player.'
Multi-asset allocation funds (MAAFs) have emerged as strong performers among mutual funds (MFs), rivalling medium-term returns from traditional equity categories while maintaining a lower risk profile. Over the past three years, average returns for this segment have surpassed those of flexicap and largecap funds, for both lump sum and systematic investment plan (SIP) investments.
The trigger for international gold prices rising to $3,000 per ounce was Germany's upcoming heavy government borrowing.
Some of the globe's best para athletes, including blade runners, prosthetic jumpers and wheelchair-bound competitors, will showcase their awe-inspiring grit and resilience on the sporting field when the biggest ever World Para Athletics Championships begins in New Delhi on Saturday.
Axar Patel's 11-ball 21, laced with a four and a six in the last over off Marcus Stoinis, was instrumental in India's 48-run victory in the fourth T20I.
AI didn't replace our skills in 2025; it rearranged their importance, says Vishal Sood, CEO and founder of Placecom.
Riddhima Kapoor Sahni's Delhi home is Grand. Luxurious. Opulent. And Green.
'In a format driven by aggression and innovation, the question remains: Can Shubman Gill's classical batting style continue to find space in India's T20 future?'
Banks and NBFCs are launching festival offers, including lower loan rates, cashback, EMI schemes and GST-linked benefits to tap rising demand ahead of Diwali
Karnataka's 14-year-old swimming sensation Dhinidhi Desinghu won her fourth gold medal, even as weightlifters continued to impress with Manipur's Bindyarani Devi smashing a National record, on a day when the tiny northeastern state rose to the top of medal tally at the National Games on Friday.
Inflows into gold exchange-traded funds (ETFs), which manage a total of Rs 37,390 crore, have surged sharply in recent months. This trend is likely to continue, especially after the reintroduction of long-term capital gains tax (LTCG), which is likely to attract smart money into mutual fund offerings amid a robust outlook for the yellow metal. Smart money, also known as opportunistic flows, refers to strategic investments that are generally of a short-term horizon.
