Page 3 - Rajesh Bhayani

Cryptocurrency exchanges feel pinch as India's new tax regime starts

Sharp fall in volumes and number of visitors on first three days of April

Buzz on virtual assets: Crypto industry sees exits ahead of new tax regime

With new rules coming into force in April, several investors are booking profits, rejigging portfolios or moving their virtual assets outside of India

No gold rush: Safe-haven asset feels the March heat

If price stability returns & the Ukraine war ends, demand recovery is expected to be healthy

Samvat 2078: Demand to fuel supply crunch-driven rally in metals, crude oil

Auto manufacturing getting a big push from EVs, and global air traffic normalising are also likely to be major contributors on the demand side for metals and crude oil

Gold jewellers see best Dhanteras in three years amid pent-up demand

According to market veterans, on average gold sales are estimated around 20-30 tonnes on the day of Dhanteras

NSE bullion derivatives settlement on blockchain may be a game changer

Platform will be extended to spot gold exchange

Market regulator proposes framework for setting up a spot gold exchange

MCX, BSE and NSE are together setting up a spot exchange in the GIFT City

Small jewellers see relief as key hallmarking issues resolved

Industry wants relaxations to be notified at the earliest

RBI buys record gold this year: At 700 tonnes, reserves up 27% in 2 years

The central bank's gold reserves stood at 705.6 tonnes as on June 30. The gold reserves were at 558.1 tonnes in the beginning of 2018

Gold bond sales gain momentum in India's second wave of Covid-19 infections

Lockdowns to contain the disease have eased, but still many customers are putting their money on such instruments.

As mandatory gold hallmarking kicks in, manufacturers push for exemption

Hallmarking will be done at the first point of sale, maintains BIS chief

Traders see gold price regaining $2,000/oz level on speculative interest

Gold has gained over $150 in first two months of FY22, yielding 9% returns; Bitcoin rally could reverse flow into the metal

Govt considers blocking IP addresses of cryptocurrency exchanges

Two months ago, the government had said it intended to bring a Bill to ban private cryptocurrencies and introduce India's own digital currency in line with what China and other countries had done

Budget 2021 sops likely to bring rupee trading from offshore to GIFT

Foreign banks at IFSC likely to focus on non-deliverable forward business, say experts

Should 'private Cryptocurrencies' be banned in India? Experts' take

The RBI's official digital currency, also called Central Bank Digital Currency, has been in the works for a while

GIFT City may have single bullion exchange after regulator's nudge

3 exchanges are working towards a common platform and also competing together for international biz

Cryptocurrency trade may be more action-packed in 2021, say analysts

The network to promote cryptocurrencies will likely become larger, say analysts

As bitcoin rally roars, Indian banks look to cash in on opportunities

Many exploring options of accepting crypto currencies as collateral

BSE, NSE, MCX gear up for India's first bullion exchange at Gift City

The remaining share capital may be acquired or held by any other person with a maximum cap of 5 per cent per investor.

Reopening of physical gold markets hits sovereign gold bonds' demand

August sales were the highest ever in a month since launch