Page 8 - Rajesh Bhayani

Now, banks can directly buy gold from depositors for monetisation plan

With relaxation, one can also deposit with refiners and purity testing centres

Amid rising prices, onion may influence Delhi Assembly polls in 2020

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

Demand for gold, imports nosedive to three-year low post budget

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

Gold refineries suffer after higher import duty slapped on yellow metal

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

Banks forced to import gold when available at a 2% discount locally

Allowing banks to do local sourcing of gold that meets the standards will help solve many issues

Sebi starts fresh talks on weather derivatives after NCDEX proposal

Market regulator has asked exchange to deliver foolproof product that suitably maps temperature and rainfall, besides addressing a host of other issues

Short-term correction for gold, silver after a continuous rally

In global markets, both precious metals continued downward spiral

Time to hike share of gold in portfolio to at least 15%: Advisors

Today, gold needn't be held physically; which makes it truly an investment product that comes without the associate sentimental attachment

NCDEX's agri index launch by Diwali, chooses NSE IT to manage product

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

Analysts fear massive pull back in gold after sharp rally past five months

The current rally in the yellow metal is without real demand from Indians

WDRA, Sebi working on norms to regulate non-agri commodities warehouses

Sebi is co-ordinating with the WRDA to expedite the regulations for warehouses storing non-agri commodities

Reduction in use of chemical fertiliser needs a roadmap, say experts

The government should first decontrol fertiliser prices to let farmers pick and choose, analysts say

Rising price of gold boosts central bank's forex reserves coffers

The rising price of the precious metal has helped the central bank increase overall forex reserves despite currency reserves not rising

Gem, jewellery exports fall 11.24% on US, China trade war and poor demand

The sector's gross exports declined by 9.32 per cent to $12.15 billion between April and July compared to $13.39 billion during the same period last year, according to data

Futures in commodity indices likely by FY20 end, with MCX as first mover

Rival NCDEX is in the process of finalising a partner for indices management.

De Beers cuts production of rough diamonds, bets $170 million on marketing

Market expected to remain under pressure in near future, says CFO

India's pulses import estimated to fall record low of one million tonne

India consumes around 24-25 million tonnes of pulses, but sowing trends show this year production is expected to be lower compared to last year

Govt changes import duty valuation for gold and silver after Budget

New method aims to plug loophole that allowed importers to pay a lower duty.

Budget 2019 extends tax holiday for Gujarat's GIFT City to 10 years

International finance services hub to get single regulator, says Finance Minister

Gold enters long-term bull market but analysts urge short-term caution

Experts are now eyeing the Trump-Xi meeting on Saturday; if a deal to end the trade war is struck, gold could shed $100 quickly. But if things worsen it could move by as much as $200