The seventh seminar of the monthly “BSE-PIF Financial Sector Policy Series” was held in Mumbai on the 18th April 2017. The opening remarks for the session was made by Shri Ashish Kumar Chauhan, MD & CEO, Bombay Stock Exchange Limited. The session was chaired and moderated by Dr Rajiv Kumar, Director, Central Board of RBI…
India’s affinity for gold is a well-known fact, so is India’s dependence on gold imports to meet domestic demand. More than 98 percent of the gold consumed in the country is met through import while the rest is met through recycleddomestic gold. In 2015-16, India imported 926 tonnes of gold. Ironically, despite this huge appetite…
0N APRIL 11, finance minister Arun Jaitley informed the Rajya Sabha that ₹5,400 crore of undisclosed income had been detected since the November 8 announcement that demonetised 86 per cent of the currency in circulation. Critics will surely latch on to this rather measly figure to declare that demonetisation has palpably failed in expropriating owners…
The objective of the study is to understand the perceptions of banks and financial institutions around gold as a product and their apprehensions in taking part actively in any monetisation scheme. Download Report
Distance lends charm. I can vouch for this having spent a week away from Delhi, its alarming morning headlines and hyper competitive television anchors.India with its growing economy, social pluralism and thriving democracy appears far more attractive in Cardiff than from Delhi. I have not been accosted about our failing democracy or the rise of…
Even diehard optimists did not accept the electoral verdict of 11th March. BJP won an incredible 406 of the 690 seats on offer (or 59% of the total). Its footprint now extends from Manipur to Gujarat and from J&K to Andhra.It is now the pole around which Indian political economy will evolve in the foreseeable…
Back in 2014, realising the potential of domestic stock of gold in the country, the Government of India decided to introduce gold related schemes that would unlock the idle yellow metal lying in private lockers. With the dual objective of reducing import and recycling domestic gold, the Hon’ble Finance Minister of India introduced the gold-troika…
LARGE-SCALEemployment generation is critical for both Prime Minister Narendra Modi’s electoralprospects in 2019 and rejuvenation of the economy. Continued addition to the ranks of unemployed or underemployed will fuel resentment among the youth who had voted overwhelmingly for Modi in 2014. The PM’s charisma, integrity and current high popularity may not suffice for overcoming widespread…
Reforms like private sector involvement and optionality approach can make defence procurement and indigenisation viable and ensure India’s military superiority in the subcontinent. over the past three years, there has been a marked focus on implementing defence procurement reforms. Many are of the opinion that India’s focus on defence procurement reforms is unique. However, this…
