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.
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2 held for dragging tribal man along road
POLICE have arrested two youngsters in connection with the incident in which a tribal man, Mathan, was dragged alongside a car for around 400m near Mananthavady in Wayanad.
Drive responsibly or face the music, MVD tells pvt bus operators
APPARENTLY identifying reckless driving by private bus drivers as a major cause of the alarming rise in the number of road accidents in the state, the motor vehicle department (MVD) has come out with a slew of deterrent measures like geotagging the carriers using GPS and suspending the permit of vehicles that cause serious accidents.
A POIGNANT TALE THAT DISMANTLES SUPERSTITION
The film, which premiered at the 29th IFFK, blends love and loss to critique regressive thoughts while exploring the emotional toll of mental health struggles
Wicked Part 2 gets title & release date
THE second part of the Wicked film, helmed by Jon M Chu, has now been titled Wicked: For Good.
YOUNGEST-AT-IFFK TAG SERVES AS A COOL ICEBREAKER
In a conversation with TNIE, filmmaker Cyril Abraham Dennis speaks about his maiden feature film, Watusi Zombie, and his aspirations
IT TAKES A VILLAGE TO USHER IN CHANGE
AMPONG Bras Basah in the Malay language movie La Luna might be several thousand miles away from Soorajmukhi in the interiors of North India in the Hindi film Laapataa Ladies, but the two quaint fictional villages share quite a lot in common even as both the films have themselves been among the 85 vying in the Best International Feature category at the Oscars.
'BANGLADESH WILL MOVE TOWARDS LIGHT'
Bangladeshi filmmaker Ahsan Kabir Liton opens up on the turmoil his country's cultural space is going through
New Year blast at Arts and Crafts Village
THE Kerala Arts and Crafts Village in Kovalam is set to ring in the New Year with an exciting year-end celebration on December 31.
NURTURING YOUNG MINDS THROUGH HANDMADE CARDS
AS Christmas is almost here, children's world is filled with anticipation as they eagerly await their gifts.
RAHUL AND JADEJA BRING ORDER AS INDIA TAIL WAGS
Poor form and captaincy issues could be two unrelated things as Rohit falls for another low score on day four in Brisbane on Tuesday
