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Sovereign gold bond scheme more likely to succeed: Nomura

Last Updated: Friday, September 11, 2015, 15:46

Annual investment demand for gold is estimated at 300 MT per annum, which is around 35 percent of India's gold import bill (USD 34 billion in fiscal year 2014-15).

Gold monetisation scheme: 2% interest likely on gold deposits

Last Updated: Thursday, September 10, 2015, 20:24

The government is gearing up to launch the gold monetisation scheme around Diwali with an interest rate of 1.5-2 percent on gold deposits, said a senior finance ministry official.

Gold deposit and bond schemes: Key facts you should know

Last Updated: Wednesday, September 9, 2015, 16:04

Highlights of the two gold schemes approved at a Cabinet meeting chaired by Prime Minister Narendra Modi.