Gold Monetisation Scheme Should Be Investor Friendly: Gitanjali Exports
After the announcement of a gold monetisation scheme in the Budget, the details of the scheme are keenly awaited. The scheme has the potential to attract Rs. 1 lakh crore worth of gold deposits, says Sanjeev Agarwal, CEO of Gitanjali Exports Corporation. (Watch video) In Budget 2015-16, Finance... read more »
Malaysia to Spend $190 Million to Improve Aircraft Tracking
KUALA LUMPUR, Malaysia—Malaysia plans to spend 700 million ringgit ($190 million) to upgrade its civilian radar systems, the country’s transport minister said Saturday, ahead of the first anniversary of the disappearance of Malaysia Airlines Flight 370. The government hopes to invite tenders... read more »
Narendra Modi govt, RBI heading for potential clash over who decides rates
Having agreed this week to formally adopt inflation targeting as a guiding star for monetary policy, the Narendra Modi government and the Reserve Bank of India (RBI) remain at odds over how crucial decisions are made. Both sides support the setting up of a Monetary Policy Committee, as first... read more »
Day 3: Telecom spectrum sale fetches government Rs 77,000 crore
The telecom spectrum auction, with the eight companies in the fray, received bids worth Rs 77,000 crore at the end of the 17th round on day three of the e-auction, the government said on Friday. “Seventeenth round was completed with Rs 77,000 crore commitment today (Friday),” the... read more »
