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Get this: 3,000 kg of gold smuggled every month, claims Chidambaram

Jan 28, 2014

Get this: 3,000 kg of gold smuggled every month, claims Chidambaram

Finance Minister P Chidambaram admitted on Monday that gold smuggling has increased in the wake of higher duties and other curbs on the import of the yellow metal into the country. #Gold #P. Chidambaram #TheySaidIt #CAD #Gold Import #Gold smuggling
Govt may review restrictions on gold imports by March-end: FM

Jan 27, 2014

Govt may review restrictions on gold imports by March-end: FM

The Indian government could review restrictions on gold imports, which include a record 10 percent import duty, by the end of this year, Finance Minister P Chidambaram said on Monday. #Sonia Gandhi #Gold #fiscal deficit #Chidambaram #gold imports #Fiscal year #CAD
Taper scare: Gold import curbs here to stay despite easing trade deficit

Dec 17, 2013

Taper scare: Gold import curbs here to stay despite easing trade deficit

India will keep a tight leash on gold imports despite a recent improvement in its trade deficit and lobbying by a bullion industry struggling with high premiums and a supply crunch. #PolicyWatch #Indian rupee #gold imports #CAD #US taper
Recovery path? India narrows CAD to $ 5.2 bn in Q2

Dec 03, 2013

Recovery path? India narrows CAD to $ 5.2 bn in Q2

The RBI said the turnaround in export growth and decline in imports from July 2013 onwards led to a sharp improvement in the trade deficit to $83.8 billion in the first half of 2013-14. #Numbers #Economy #GDP #P. Chidambaram #fiscal deficit #Current Account Deficit #Gold Import #Forex reserve
Gold import curbs: 15 million jewellery makers may lose job

Nov 01, 2013

Gold import curbs: 15 million jewellery makers may lose job

Gold is the second-biggest item on India's import bill after oil and, facing a record trade deficit and a plunging currency this year, the government imposed stringent rules with the aim of curbing demand for the metal. #WhyNow #Gold #jobs #Zaveri Bazaar #Gold Import #Jewellery makers

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Only reining in dollar demand, building buffers will help rupee now

Aug 12, 2013

Only reining in dollar demand, building buffers will help rupee now

What do we do about the rupee? This is a question that is nagging everyone because notwithstanding all the measures that have been invoked so far to stabilise the rupee, it just keeps slipping downwards. #RBI #Rupee #FDI #FII #CurrencyWatch #Gold Import

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Only reining in dollar demand, building buffers will help rupee now

Jun 13, 2014

Computers replace humans reading weather reports

(AP) -- Two outpost offices of the National Weather Service in Alaska are finally ending what has been a bygone practice for most of the nation for almost two decades -- using real human voices in radio forecast broadcasts. The Nome and Kodiak office... #Anchorage, AK #Alaska #Fairbanks, AK
Only reining in dollar demand, building buffers will help rupee now

Jul 10, 2014

Beer Nut: Great beer news raining down all over

Shiner beers from Texas, brewed by Spoetzl Brewery, will now be distributed in the Bay State. AP Just like a summer cloudburst, there has also been a downpour of local and regional beer news over the past week so grab a beer umbrella (a glass?) let's... #Texas #Rhode Island #Miele #Narragansett Beer
Only reining in dollar demand, building buffers will help rupee now

Jul 07, 2014

Hamilton's mood swings from despair to pure joy

On the podium in front of 120,000 adoring fans, finally given something to cheer after a dismal summer for British sport, Lewis Hamilton had only one complaint. As he went to raise his arms aloft, it was a red, plastic, rather tawdry looking number i... #Nico Rosberg #Lewis Hamilton #Silverstone Circuit