Importance of Banks and Exchanges in Financialization of Gold
Background Indians have a strong affinity towards gold. No auspicious and family occasion, especially weddings are complete without gold. It…
15 FEB 2023
gold
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Banks divert gold supply from India to China and Turkey, says report
Some global gold-supplying banks have reduced their shipments to India due to the ongoing festive season, citing bank executives and…
07 OCT 2022
No gold shifted outside India in 2014 or thereafter : RBI
The Reserve Bank of India (RBI) has denied all the media reports of gold being shifted from India to other…
04 MAY 2019
Centre to levy 3 % IGST on banks for gold imports
Banks indulged in importing gold and precious metals will have to shed 3 per cent Integrated-Goods and Services Tax (IGST)…
22 AUG 2017
Muthoot Fincorp plans gold recycling centres across country
Kerala-based Muthoot Pappachen Group is planning to set up gold recycling centres across country. The group launched Muthoot Gold Point…
25 MAY 2015
