INDIANS' love for gold has often gone against the country's financial health -- with a large part of the demand for the precious metal being fulfilled through imports.
The 331% year-on-year increase in gold imports to $15 billion in November has not only resulted in a record trade deficit during the month, it has also put pressure on the rupee, which has been shy away from the 85-a-dollar level.
The unprecedented increase in gold imports has left many analysts clueless as they feel festive demand alone cannot explain the jump in gold imports.
Esta historia es de la edición December 18, 2024 de The New Indian Express Thiruvananthapuram.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición December 18, 2024 de The New Indian Express Thiruvananthapuram.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Women's Day @ Arts & Crafts Village
THE Kerala Arts & Crafts Village is set to host 'Wow Week' on March 8 as part of the Women's Day celebrations.
Release all hostages or it's over for you: Trump's last warning to Hamas
White House confirms Don dispatched envoy for unprecedented talks with militant group
Khalistani Bid to Heckle Jaishankar in London Rapped
Govt assails misuse of democratic freedom; UK claims its police acted swiftly, none held
New Kerala: Focus on Resource Mobilization
WOOING more private capital not just into the higher education sector but to various other sectors such as tourism and industrial development in order to boost the state's overall development forms the essence of the New Kerala document presented by Chief Minister Pinarayi Vijayan at the CPM state conference in Kollam on Thursday.
26/11 Accused Rana Seeks US SC Stay on Extradition
WEEKS after US President Donald Trump announced Mumbai terror attack accused Tahawwur Rana's extradition to India, the convict made a last-ditch plea before the US Supreme Court seeking an emergency stay on the decision.
Insurance firms draw flak for misinterpreting 'pre-existing illness' clause
THE State Consumer Disputes Redressal Commission (SCDRC) has criticised insurance companies for misinterpreting the clause on \"pre-existing illness\" to reject legitimate claims.
Birla Opus gains market share amid industry slowdown
BIRLA OPUS PAINTS, the paint business of Aditya Birla Group, is steadily increasing its market share despite a slowdown in the decorative paint industry.
Scam wham!
T is not uncommon these days to find college students and young professionals turning to part-time and online jobs for making a quick buck.
The queen of comedy!
Ace stand-up artist Anu Menon speaks to TNIE about comedy, Lola Kutty and more...
Tewari says Punjab and Haryana will lose seats, seeks a new formula
AS the delimitation row intensifies, Congress MP Manish Tewari on Thursday said if the exercise is held as per the current principle of 'one vote, one value', the southern and northern states would lose Lok Sabha seats, while only Central Indian states would gain.
