Latest News on Goldbug
Showing of 0 - 10 from 13 results
Goldbug - Total results - 13
Jun 15, 2013
When CAD is so bad, we should just ban gold importsGiven our current account deficit, it may be better to get into physical controls for a while. A gold import ban would would better than an import duty hike
Apr 15, 2013
This may be a time to SIP gold, not sell mindlesslyThe recent crash in gold prices is part of the gold bull and bear cycle. It is not a reason to abandon the metal as a false god
Feb 02, 2013
RBI designing products offering similar returns as goldThe problem of gold imports can be solved only when the economy enjoys inflationary and macroeconomic stability
Jan 22, 2013
Higher duty will only encourage import of gold illegally: NomuraIllegal trade was rampant before restrictions on gold shipments were lifted in 1990.
Jan 22, 2013
Gold import duty unlikely to deter buyers but may spur smugglingDespite the duty, the fundamental reasons for buying gold - to hedge against inflation and currency risks- remain as strong as ever. Smuggling remains a concern as Illegal trade was rampant before restrictions on gold shipments were lifted in 1990.
Jan 17, 2013
In its fight against gold, will govt emerge victorious in 2013?Gold demand from the Indian jewellery fabrication segment is likely to fall to 322 tonnes in the first half of 2013, from 348 tonnes in the same period of 2012
Jan 16, 2013
Duty hike: Gold gluttons will keep demand intactIndia's passion for gold is putting such a strain on state finances that the govt may slap higher import taxes on the metal, but demand buoyed by heady inflation and meagre savings will blunt the impact of any rise in duties.<br /><br />
Jan 10, 2013
Memo to PC: Gold is useful because it is uselessA peep into why gold has become the ultimate store of wealth for the world, and especially Indians.
Jan 08, 2013
Mr C, don't mess with gold; it's HER social securityMinisters and sarkari economists have a warped sense about gold. In India, gold forms a useful social function both as social security and collateral for loans
Jan 05, 2013
Mr FM, gold isn't the problem, the rupee is. Fix thatThe FM is looking at gold as the problem in the current account deficit. The fact is gold prices have fallen, but the rupee has fallen more sharply making gold dearer at home. He has to fix the declining rupee