Govt mulls raising Rs 15,000 cr through gold bond scheme

Last Updated: Tuesday, July 7, 2015, 17:41

Government is looking at raising Rs 15,000 crore in the current fiscal through the gold bond scheme, for which a cabinet note is likely to be moved for consideration later in the month.

'Gold sovereign bonds to address import issues'

Last Updated: Friday, June 19, 2015, 19:12

Centre's gold sovereign bond scheme is expected to address pure investment demand for the yellow metal, says India Ratings and Research (Ind-Ra).

Sovereign Gold bonds can save up to $2 billion of metal imports

Last Updated: Friday, June 19, 2015, 17:37

Sovereign Gold bonds (SBGs) provide a good alternative for investors and if subscribed fully in the first year it will result in a saving of USD 2 billion on imports of the precious metal at current prices, says a report.

Govt weighs sovereign gold bonds to keep tabs on imports

Last Updated: Friday, June 19, 2015, 11:11

The government is planning to issue sovereign gold bonds linked to the price of the yellow metal, a proposal aimed at reducing demand for gold and control trade deficit.

India proposes gold-linked bonds to lower bullion imports

Last Updated: Friday, June 19, 2015, 09:32

The country consumes nearly 1,000 tonnes of gold every year, most of it imported, and gold is the second-biggest expense on the import bill after oil.

Activists decry slashing of budget for children

Last Updated: Monday, March 2, 2015, 19:42

Child rights activists on Monday termed the slashing of budgetary provisions for programmes and schemes related to children in the union budget as "scary".