Kotak Mutual Fund Managing Director Nilesh Shah said that India needs to find ways to monetise the massive stock of household gold lying idle while simultaneously reducing regulatory and compliance burdens on entrepreneurs to achieve the goal of a developed n…
The Government of India has dismissed rumours about monetising temple gold, stating that no such proposals exist. A press release highlighted the importance of relying on verified information to prevent confusion and misinformation in the public sphere.
The Ministry of Finance has strongly refuted social media rumors about plans to issue gold bonds against temple gold reserves. The government states there is no proposal to monetise gold held by religious institutions. It also dismissed claims about temple st…
Malabar Gold & Diamonds proposed enhancements to the Gold Monetisation Scheme to boost public participation and mobilize idle gold. The company suggests integrating organized jewelers, reducing minimum deposit quantities, and offering flexible redemption opti…