Gold Silver Reports – SLAB RATE for tiles and sanitaryware is currently 28% and the industry has petitioned the govt to lower it to 18%; final outcome will be known after the GST Council meet
Have Small Savings Lost out to Equities?
Gold Silver Reports — Have Small Savings Lost out to Equities? – LURE OF STOCK Growth in government savings schemes is timid as there has been a clear shift towards the equity markets, say analysts
Rupee Opens Marginally Higher Against US Dollar
Gold Silver Reports — The Indian rupee on Thursday was trading marginally higher against the US dollar in opening trade.
RBI Cuts Printing order for New Currency Notes as Vaults Crammed with Old Ones
Gold Silver Reports – The Reserve Bank of India (RBI) has reduced its order for printing new currency notes in the current fiscal year to the lowest in five years for lack of space in the currency chests of the central bank and commercial banks, two people familiar with the matter said.
India 4th-Quarter Gold Imports May Fall 25 Percent on Weak Festival Demand – Execs
Gold Silver Reports – India’s gold imports in the last quarter of 2017 could drop by a fourth from a year ago due to weak demand during key festivals and as investors seek better returns from riskier assets like equities, industry officials and analysts said.
1 Year of Demonetisation: Sensex Jumps 6000 Points in 12 Months; is it Bad?
Gold Silver Reports – Demonetisation – A year ago, on 8 November 2016, Prime Minister Narendra Modi announced a ban on Rs 500 and 1,000 currency notes in a bold move to eliminate black money out of the system. The higher denomination notes of Rs 500 and 1,000 which accounted for about 85% worth of currency in circulation was turned into just a piece of paper overnight.
Trump Softens Tone on North Korea, Urges Deal on Nuclear Weapons
Gold Silver Reports – Trump Softens Tone on North Korea, Urges Deal on Nuclear Weapons – President Donald Trump toned down his harsh rhetoric toward North Korea during a visit to Seoul, telling reporters the Pyongyang regime should “come to the table” to make a deal and refusing to rule out direct talks.