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Posted in Economy

Central bank turns piper to draw in foreign capital; leaves repo rate at 5.25, keeps stance neutral

Mumbai: The Reserve Bank of India (RBI) Friday announced a host of measures to attract foreign currency inflows, aimed at strengthening external buffers, even as…

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Posted in Economy

Standstill in India gold imports drags on, threatens supply

Indian banks have been unable to import gold and silver for five weeks, an unusually long halt that’s pushing up domestic prices and threatening shortages…

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Posted in Economy

Gold prices to stay buoyant on Fed cuts, festive buying and global concerns

Gold prices are expected to remain buoyant in the coming week as a combination of global monetary easing, festive demand in Asia, central bank purchases…

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