News for 'Gold Standard'

Sitharaman carries tablet wrapped in 'bahi khata' for 6th year

Sitharaman carries tablet wrapped in 'bahi khata' for 6th year

Rediff.com1 Feb 2025

Sitharaman, India's first full-time woman Finance Minister, broke away from the colonial tradition of carrying a Budget briefcase in July 2019, opting instead for a traditional 'bahi-khata', to carry the Union Budget papers.

'India's gold demand may cross China's'

'India's gold demand may cross China's'

Rediff.com12 Oct 2022

'When the gold price rises rapidly, India's physical gold market remains on standby.'

Asian Games: India women beat Sri Lanka to win cricket gold

Asian Games: India women beat Sri Lanka to win cricket gold

Rediff.com25 Sep 2023

India defeated Sri Lanka by 19 runs in a low-scoring final to win the cricket gold medal in the Asian Games in Hangzhou on Monday.

Emerging markets should go for gold

Emerging markets should go for gold

Rediff.com10 May 2016

As it is a highly liquid asset, central banks can afford to look past its short-term volatility to longer-run average returns.

Why pharma companies sell sub-standard stuff in India

Why pharma companies sell sub-standard stuff in India

Rediff.com6 May 2016

The big companies too are responsible for the sub-standard drugs in the market.

Can coach Murray help Djokovic seal Slam No 25?

Can coach Murray help Djokovic seal Slam No 25?

Rediff.com8 Jan 2025

There could be no place more appropriate for Djokovic to finally break free of his tie with Margaret Court on 24 Grand Slam singles titles than in her own backyard at Melbourne Park, where he has won the Norman Brookes Challenge Cup 10 times.

How Your Income, Investments Are Taxed

How Your Income, Investments Are Taxed

Rediff.com28 Nov 2024

Your choice between the Old and New Tax Regimes should reflect your financial strategy and investment goals, says Ramalingam Kalirajan

Neeraj won the silver at Diamond League Finale with fractured hand

Neeraj won the silver at Diamond League Finale with fractured hand

Rediff.com15 Sep 2024

'I want to thank all of you for your encouragement. 2024 has made me a better athlete and person. See you in 2025.'

Sebi readies plan for operationalising gold exchange

Sebi readies plan for operationalising gold exchange

Rediff.com10 Jan 2022

Capital markets regulator Sebi on Monday came out with a framework for operationalising the gold exchange, wherein the yellow metal will be traded in the form of electronic gold receipts (EGRs). The stock exchange desirous of trading in EGRs may apply to Sebi for approval of trading in the new segment, the regulator said in a circular. The bourses can launch contracts with different denomination for trading or conversion of EGR into gold. Under the new framework, the entire transaction has been divided into three tranches-- creation of EGR; trading of EGR on stock exchange and conversion of EGR into physical gold.

Paralympians Soar, But Await India Inc's Leap Of Faith

Paralympians Soar, But Await India Inc's Leap Of Faith

Rediff.com10 Sep 2024

'Historically, there hasn't been much representation around para-athletes from a brand perspective.' 'With their best medal tally in Paris, it has triggered considerable organic interest.'

Credit card spends rise 14.5% in October on festive season purchases

Credit card spends rise 14.5% in October on festive season purchases

Rediff.com26 Nov 2024

Credit card spending reached Rs 2 trillion in October, a 14.5 per cent rise from September, largely driven by festival season purchases. However, the volume of outstanding credit cards increased only marginally during the same period. The spike in spending comes at a time when nearly all major credit card issuers are calibrating their growth in the segment due to visible signs of stress.

Tejaswin bags gold in Belgium; sets sight on Paris Olympics

Tejaswin bags gold in Belgium; sets sight on Paris Olympics

Rediff.com11 Feb 2024

Shankar has trained his eyes on a Paris Olympics berth but for that he will have to achieve a qualifying standard of 2.33 metres.

'HIL will revive Indian hockey's golden era'

'HIL will revive Indian hockey's golden era'

Rediff.com11 Oct 2024

'The HIL will be bigger and better this time around.'

'A Faulty EVM Can Be Manipulated'

'A Faulty EVM Can Be Manipulated'

Rediff.com25 Apr 2024

'The fraud is the electronic voting machine is being manipulated by humans, and not counting the votes that is shown on VVPAT.'

10 countries with largest gold reserves

10 countries with largest gold reserves

Rediff.com6 May 2015

United States has the world's largest gold reserves.

Jewellers getting more inquiries for gold after RBI withdraws Rs 2,000 notes; no panic buying

Jewellers getting more inquiries for gold after RBI withdraws Rs 2,000 notes; no panic buying

Rediff.com21 May 2023

Jewellers in India, the world's second largest gold consuming country after China, have started receiving more inquiries for purchase of gold or silver immediately after the Reserve Bank's announcement to withdraw Rs 2,000 notes from circulation. However, there is no panic buying of the precious metal unlike the situation witnessed in 2016 during demonetisation, jewellers body GJC said on Sunday. In fact in the last two days, the actual gold purchase has been less in exchange of Rs 2,000 notes due to strict Know your Customer (KYC) norms although sources said some jewellers have started charging a 5-10 per cent premium, taking the gold prices to Rs 66,000 per 10 grams level.

Diving Champ Manjari Bhargava Passes Into The Ages

Diving Champ Manjari Bhargava Passes Into The Ages

Rediff.com9 Nov 2024

At just 12 and a half years old, Manjari won gold in diving at the 1968 national championship in Kanpur, competing against older athletes.

Shooter Sheoran claims podium finish in ISSF World Cup

Shooter Sheoran claims podium finish in ISSF World Cup

Rediff.com16 Oct 2024

In a year marred by disappointments, shooter Akhil Sheoran redeemed himself by winning the men's 50m rifle 3-positions bronze medal even as the other Indian participants failed to make a mark in the ISSF World Cup Final in New Delhi on Wednesday.

What Taare Zameen Par's Darsheel Has Been Up To

What Taare Zameen Par's Darsheel Has Been Up To

Rediff.com13 Mar 2024

'People don't know I've turned 27. They think I'm still nine.'

India readying a more transparent gold policy

India readying a more transparent gold policy

Rediff.com31 May 2017

The proposed bullion bank can help settle gold loan accounts in gold terms, and promote existing gold schemes, along with launching schemes including gold-recurring deposits.

Olympic Qualifiers: India's shooters continue golden run

Olympic Qualifiers: India's shooters continue golden run

Rediff.com14 Jan 2024

Yogesh Singh won two gold medals as India's shooters continued to shine at the Asia Olympic Qualifiers in Jakarta.

The Machine That Saved Tanishq

The Machine That Saved Tanishq

Rediff.com29 Aug 2024

Stories are legion about the Karatmeter's use at that time. Hundreds of people standing in queue for testing, customers breaking down after discovering the actual purity of their jewellery and then becoming irate about the jeweller who had gypped them, the local jewellery industry leaning heavily on the Tanishq franchisees to desist from using it, some jewellers even threatening violent action.

Can I Prepare For UPSC, CAT, IIT-JEE?

Can I Prepare For UPSC, CAT, IIT-JEE?

Rediff.com20 Nov 2024

The Union Public Service Commission entrance and Common Admission Test are completely different from each other and require different approaches, says rediffGURU Mayank Chandel.

'Akshaya Tritiya also witnessed strong demand'

'Akshaya Tritiya also witnessed strong demand'

Rediff.com16 Jun 2024

'Customers flocked to purchase gold in large numbers during the event.'

Vedaant Madhavan bags gold at Danish Open

Vedaant Madhavan bags gold at Danish Open

Rediff.com18 Apr 2022

Vedaant, son of Indian actor R Madhavan, has bettered his personal best times in all three events he has participated in in the ongoing meet.

Jewellers can now repay part of loan in physical gold

Jewellers can now repay part of loan in physical gold

Rediff.com23 Jun 2021

The RBI on Wednesday asked banks to provide an option to jewellery exporters and domestic manufacturers of gold jewellery to repay a part of Gold (metal) Loans (GML) in physical gold. As per the extant instructions, banks authorised to import gold and designated banks participating in Gold Monetisation Scheme, 2015 (GMS) can extend GML to jewellery exporters or domestic manufacturers of gold jewellery. GML are repaid in Indian rupees, equivalent to the value of the yellow metal borrowed.

What The Retail Investor Must Know

What The Retail Investor Must Know

Rediff.com21 Oct 2024

Many are attracted by the potential for large gains, but don't necessarily seem to understand that a single trade gone wrong can wipe out their accumulated profits.

Paris Olympics: AFI chief bets on podium finish for Sable

Paris Olympics: AFI chief bets on podium finish for Sable

Rediff.com19 Jul 2024

The AFI chief also feels Olympic gold medallist Neeraj Chopra's propensity to live in the moment and the remarkable consistency in his throws make him stand out among some of the best javelin exponents in the world.

RBI bars Navi Finserv, 3 other NBFCs from extending loans

RBI bars Navi Finserv, 3 other NBFCs from extending loans

Rediff.com18 Oct 2024

The Reserve Bank of India (RBI) has barred four non-banking finance companies (NBFCs), including two microfinance institutions (MFIs), from sanctioning and disbursing loans for charging exorbitant interest rates to the borrowers. These four entities are Asirvad Microfinance, Arohan Financial Services (also an MFI), DMI Finance, which provides personal, consumption, and micro, small and medium enterprises loans, and Flipkart co-founder Sachin Bansal's Navi Finserv, which offers home and personal loans. The ban will take effect on October 21 to "facilitate closure of transactions in the pipeline", the regulator said in a statement.

Shooting Worlds: Rudrankksh, Arjun, Kiran win India's fifth gold

Shooting Worlds: Rudrankksh, Arjun, Kiran win India's fifth gold

Rediff.com16 Oct 2022

It was also Patil's second senior world championship gold in his very first outing, having won the individual 10m air rifle event earlier.

HIL Auction: India stars Harmanpreet, Udita steal the show!

HIL Auction: India stars Harmanpreet, Udita steal the show!

Rediff.com16 Oct 2024

India defenders Harmanpreet Singh and Udita stole the show as they emerged as the most costliest players in the auction of Hockey India League.

Will RBI Governor Shaktikanta Das get an extension?

Will RBI Governor Shaktikanta Das get an extension?

Rediff.com4 Dec 2024

The December meeting of the Reserve Bank of India's (RBI's) six-member Monetary Policy Committee (MPC) will start on Wednesday even as there is no clarity on whether Governor Shaktikanta Das, the chair of the panel, will continue in office after his term ends next week. The outcome of the meeting will be announced on Friday by Das at 10 in the morning.

'There Will Never Be Another Zakir Hussain'

'There Will Never Be Another Zakir Hussain'

Rediff.com26 Dec 2024

'Zakir bhai always said, 'koi chala nahi jata hai', he believed even after death, you left something of yourself behind and he has left so much of himself behind.'

The Greatest Olympians!

The Greatest Olympians!

Rediff.com22 Jul 2024

Let's celebrate the Olympian legends!

Coach Dravid ends reign with World Cup high

Coach Dravid ends reign with World Cup high

Rediff.com30 Jun 2024

Rahul Dravid's tenure as India Head Coach, which ended gloriously with the T20 World Cup triumph in Barbados on Saturday, will remain a case study on how to be stately and understated at the same time in modern-day cricket coaching.

'Rates to remain elevated for bulk deposits'

'Rates to remain elevated for bulk deposits'

Rediff.com21 Aug 2024

'In the case of corporate credit, especially to AAA borrowers, lenders will have to take a fresh look at pricing.'

BSE hoists the sails for Sensex's 'offshore' voyage

BSE hoists the sails for Sensex's 'offshore' voyage

Rediff.com16 Sep 2024

Tasting success with the relaunch of Sensex derivatives in the onshore market, BSE is preparing for the 'offshore' debut of its 30-share index, which has become synonymous with the domestic markets. Sources in the know said that the India International Exchange (India INX), a subsidiary of BSE, received approval in July from the International Financial Services Centres Authority (IFSCA) to launch Sensex 30 derivatives contracts.

Glamorous, Glittery Sandeepa

Glamorous, Glittery Sandeepa

Rediff.com15 Nov 2022

If the occasion demands partywear, Sandeepa Dhar is sure to ace it.

Once set to quit, javelin thrower Jena now aims for new PB in Paris

Once set to quit, javelin thrower Jena now aims for new PB in Paris

Rediff.com16 Jul 2024

Jena found it difficult to get the big throws in and thought of quitting the sport in July last year just before the World Championships.

Why Anjali Sacrificed Her Career For Sachin

Why Anjali Sacrificed Her Career For Sachin

Rediff.com3 Oct 2024

Anjali quickly decided not to pursue her career in medicine. If she had worked in a government hospital, she would have had to do her fair share of nights and weekends in hospital, which would have been tough when Sachin was back in Bombay between tours. Had she worked in private practice as Dr Anjali Tendulkar, she reckoned she would be consulted for her name rather than her expertise. Anjali is an all-or nothing person and she couldn't have just dabbled in doctoring. Moreover, she wanted to devote herself to keeping her husband in the right frame of mind to play his best cricket. A fascinating excerpt from Annabel Mehta and Georgina Brown's book, My Passage to India.