The founder of Mobius Capital Partners LLP suggests India should invest more in building infrastructure to return to the high-growth path
With 3,000 tonnes of imported onion entering the market over the next fortnight, the price should start cooling off. Soon after, the new crop of onions will arrive, further reducing prices
With relaxation, one can also deposit with refiners and purity testing centres
Buyers shy away ahead of festive season as the precious metal trades at prohibitive prices; Karigars forced out of work
At present, while there are several options for investors looking to put their money in gold, those investing in the white metal can only buy physical silver
With this, retail investors can now buy coins in the futures market and store it in a vault of his choice before taking delivery
If this Diwali season fails, the jewellery industry is expected to face huge losses
Next year, domestic production is likely to increase on hope of good rabi oilseeds crop, limiting the need for imports
Onions have a love-hate relationship with Delhi. In 1998, when the BJP was in power, the rise in onion prices helped Congress defeat BJP. In 2010, when prices rose, Congress barely saved it's power
In the first six months (January to June) of this calendar year, India imported 427.8 tonnes of gold at a monthly average of 71.3 tonnes
The demand for gold took a major hit in the domestic market after the import duty on the precious metal was raised from 10 per cent to 12.5 per cent, leading to a sharp increase in gold prices
Allowing banks to do local sourcing of gold that meets the standards will help solve many issues
Market regulator has asked exchange to deliver foolproof product that suitably maps temperature and rainfall, besides addressing a host of other issues
In global markets, both precious metals continued downward spiral
Today, gold needn't be held physically; which makes it truly an investment product that comes without the associate sentimental attachment
The index will have 10 Sebi-approved agri commodities. Once open for trading, the NCDEX index for agri and MCX index for non-agri commodities will theoretically complete a basket
The current rally in the yellow metal is without real demand from Indians
Sebi is co-ordinating with the WRDA to expedite the regulations for warehouses storing non-agri commodities
The government should first decontrol fertiliser prices to let farmers pick and choose, analysts say
The rising price of the precious metal has helped the central bank increase overall forex reserves despite currency reserves not rising