Page 10 - Rajesh Bhayani

India's love for gold stagnates; it's time to take cue from China

Most of the jewellery in China is 24-carat gold, as opposed to India, where it's 22 carat

Hindustan Zinc becomes ninth-largest silver producer in the world

Also, India has become the 12th largest silver producer in the world, from last year's position of 13

Market crisis on cards? A high gold-to-silver price ratio suggests so

The World Gold Council recently said global central banks buying more gold to add to forex reserves was an indicator of a developing crisis

Govt urges banks to show results in existing gold monetisation scheme

Refineries and hallmarking centres have told the govt in the past that a few tons of gold can easily be mobilised under the GMS once banks sign the tripartite agreement

MFs, PMS in commodities: Opportunities galore, with near-term challenges

Fund houses and portfolio management service providers are optimistic about their proposed entry in the commodity derivatives market, but they also point out some teething challenges in initial days

BSE's expansion, NSE's foray give a fillip to agri futures market

NSE is now prepared to launch a few agri segment contracts in commodities not currently traded on any of the futures exchanges in India

Regulatory board for gold gets Finance Ministry nod, ball in PMO court

A panel headed by NITI Ayog member Ramesh Chand on spot and futures trading had proposed a separate regulator for spot trading

Agri commodity derivatives space set to hot up as NSE forays, BSE expands

Stock exchanges BSE and NSE entered the commodity derivatives space last October and the initial expectation was that NSE would look at agri space after non-agri business stabilised

Sharp rally in resource commodities in 2019 on hopes of China demand

Price spurt gets support from dovish outlook by US Federal Reserve, other central banks pm monetary policy and hopes of US-China trade war resolving

Global diamond production to fall 33% as mining reserves dry up

In 2018, diamond production touched a near record high of 150 million carat

Lok Sabha polls 2019: Satta market bullish on NDA's return to power

Air strike after Pulwama terror attack has increased confidence

Govt calls meeting next week on mandatory hallmarking of gold jewellery

Ram Vilas Paswan will chair the meeting to discuss the order the government wants to notify before Lok Sabha elections are announced.

Good news for jewellery exporters as banks revise financing norms

In the year since the Nirav Modi fraud came to light, all banks having tightened their financing to the sector

Mumbai's old yarn: Textile market Mooljee Jaitha waits for a new thread

Mooljee Jaitha, Asia's largest textile market at which several industrialists began their careers, awaits a long-overdue redevelopment

Govt hikes sugar MSP by 7% to Rs 31 a kg; mills to get Rs 6,000-cr benefit

Announcement comes as relief for mills burdened by sugarcane arrears

Nickel, iron ore, steel lead rally as metals gather steam in second half

Pressure of domestic Aluminum and copper companies continues, may ease if prices rise sharply

Gold glitters, trades at record high in Mumbai on peak wedding demand

Bullion traders say the actual trades are still around Rs 33,600 per 10 gram.

Central banks bought highest amount of gold in 50 years in signs of turmoil

They bought 651 tonnes in 2018, or 15% of total gold sold globally, primarily because they see no let up in turbulence a decade after the last global economic crisis

Unified regulator for GIFT City, relaxations to woo AIFs on cards

A govt source said SEZ rules are designed mainly for manufacturing and so the first financial SEZ in India at GIFT IFSC is facing regulatory issues

Gold prices rise to Rs 33,000; demand takes a hit as traders move to silver

Price hike due to safe-haven buying; trend likely to continue