Today’s surge, particularly noteworthy, saw indices climbing by nearly 2 percent. This remarkable rebound coincided with the Reserve Bank of India’s optimistic revision of the FY25 GDP growth forecast to 7.2 percent, up from the previous 7 percent projection. Furthermore, the central bank maintained a steady course by leaving the […]
gold bonds
MUMBAI : When the West Asia conflict flared up and boosted gold prices, it was time for some of India’s gold bond investors to cash out. Buyers of sovereign gold bonds (SGBs) have prematurely redeemed 1.25 tonnes, clocking a near-doubling of returns on their issue price, Reserve Bank of India […]