Foreign banks at IFSC likely to focus on non-deliverable forward business, say experts
The RBI's official digital currency, also called Central Bank Digital Currency, has been in the works for a while
3 exchanges are working towards a common platform and also competing together for international biz
The network to promote cryptocurrencies will likely become larger, say analysts
Many exploring options of accepting crypto currencies as collateral
The remaining share capital may be acquired or held by any other person with a maximum cap of 5 per cent per investor.
August sales were the highest ever in a month since launch
Fall in the price of gold the past one week and from the August's peak has sparked expectations of a better show
The move is seen as a game changer for India's bullion industry, and is expected to put India in a position to set its own price of gold
Yellow metal closes at Rs 52,801; there are indications of heavy profit-booking in short term
The priorities include setting up an international bullion exchange also.
Experts say those who missed the rally or want to add more gold to their portfolios should buy on dips
Investment in precious metal safe based on outlook for India in the next four months
US-China friction has weakened the dollar index, while disappointing US Jobless claims data has also pushed gold prices higher
Gold-silver ratio fell sharply indicating that the white metal is outperforming the yellow
The price of gold gained momentum on the back of European leaders agreeing on a stimulus package to revive their Covid-hit economy and the US Congress struggling to agree on a new aid package
The rally, set since March end, has delivered a 39 per cent return to investors as against 14.3 per cent for gold
The reason for the demand destruction is a surge in prices and the subsequent lockdown, due to which footfalls at retail stores dropped significantly
Reiterates the view that they should not be regarded as currency
International futures hit $1,800, head towards all-time high