ALTERNATIVE INVESTMENT


Moneylife Digital Team 26 June 2019
The price of gold has crossed the $1400 mark which is significant as it has taken place after six years. The last time the price of gold was past this mark was 29 August 2013 after which it was a gradual descent. For 2016, 2017 and 2018 the price has averaged $1203, $1257 and $1269,...

Read More



IANS 27 September 2018
Security market regulator Securities and Exchange Board of India (SEBI) has allowed stock exchange major BSE to launch "delivery-based futures contract in dold (1 kg) and silver (30 kg)".   According to the BSE, the trading of these contracts will be launched from October...

Read More



IANS 18 September 2018
The government on Monday announced tax exemption on interest payable by Indian companies to non-residents, including foreign companies, on "masala bonds" issued till March 31, 2019.   Till now, interest payable on such bonds issued before July 1, 2020 was liable for concessional rate...

Read More



IANS 19 January 2018
Securities market regulator Sebi has eased norms for real estate investments trusts (REITs) and infrastructure investment trusts (InvITs) to raise funds from strategic investors.   According to a Sebi circular, REITs and InvITs can invite subscriptions from strategic...

Read More



Moneylife Digital Team 07 September 2017
There is a significant breakthrough for thousands of people who are at the mercy of large builders after having paid for property, when they run into financial trouble. Media reports indicate that in two cases, Jaypee Infratech and the Aamrapali group, the insolvency regulator has brought in...

Read More



Moneylife Digital Team 23 August 2017
RERA, or Real Estate (Regulation and Development) Act 2016 (quite a mouthful), is on the tongues of so many people-politicians, government officials, builders, developers, contractors, buyers. Most are agreed it’s a good thing, this Act of kindness by the government. But don’t bet on...

Read More



Putting at rest the Sovereign Gold Bonds (SGBs) investors' worries over the pending dematerialisation (demat) of their allotted bonds, the RBI on Tuesday announced it had processed the demat requests, with the exception of those with incomplete details.   "The requests for...

Read More



New Delhi : The third edition of the Sovereign Gold Bond (SGB) scheme, a component of the government's market borrowing programme, received a poorer response than the last round, getting a subscription of 1,128 kg gold, amounting to Rs.329 crore, an official statement said on...

Read More



Second tranche priced to attract investors   The Reserve Bank of India (RBI) had fixed the public issue price of sovereign gold bonds (SGB) at Rs2,684 per gram (gm) for the first tranche of subscription (from 5 November to 20 November 2015). It got subscriptions for only 915.95kg of...

Read More



IANS 25 January 2016
New Delhi : The government will pay banks a 2.5 percent commission for mobilising gold under the gold monetisation scheme and depositors will be permitted premature withdrawal of the precious metal deposited, an official statement said on Sunday.   “The banks would be getting a 2.5...

Read More



IANS 18 January 2016
The second edition of sovereign gold bond scheme opened for subscription by resident Indians for five days from Monday, with the value of the commodity fixed at Rs.2,600 per gram of 99.9 percent purity, and an interest rate of 2.75 percent per annum.   "The bonds shall be denominated...

Read More



IANS 27 November 2015
The first tranche of the Sovereign Gold Bond scheme has received an excellent response, garnering over Rs.240 crore, an official said on Friday.   "Gold Bond Scheme: 63000 applications for 917 kgs. gold amounting to Rs.246 cr in first tranche. Excellent response for an innovative...

Read More



The government has launched the Gold Monetisation Scheme (GMS) aimed at bringing the idle gold reserves out from private holding for productive use. The Scheme replaces the existing Gold Deposit Scheme 1999 (GDS), which was offering pathetic returns. The minimum deposit requirement is raw...

Read More



IANS 25 November 2015
The Reserve Bank of India (RBI) on Wednesday extended the issue date of the Sovereign Gold Bond scheme by four days to November 30 to enable their proper processing.   "Large number of applications has been received by banks and post offices. To enable smooth uploading of applications...

Read More



Moneylife Digital Team 19 November 2015
Only 400 grams have been deposited so far under the gold deposit scheme and the government has agreed to review the scheme and open more centres for gold testing and depositing in banks, says a report   The gold deposit scheme launched amid fanfare by Prime Minister Narendra Modi two...

Read More



Moneylife Digital Team 09 November 2015
On the eve of Diwali, the government will launch important gold-related schemes, including the Gold Monetisation, prime minister (PM) Narendra Modi announced. Besides the Gold Monetisation Scheme, the government will also launch ‘Sovereign Gold Bonds’ and gold coins with Ashok Chakra, the PM...

Read More



Bonds will be for eight years with exit option from 5th year   The Union finance ministry has announced that applications for the Sovereign Gold Bonds Scheme will be accepted between 5th November and 20th November. The bonds will be issued on 26th November. They will offer 2.75% per...

Read More



Moneylife Digital Team 05 November 2015
Flexibility on repayment options, purity of gold as well as number of authentic testing centre and a little-bit higher interest rate is required to make the gold monetization scheme a success   Prime Minster Narendra Modi on Thursday launched three gold-related schemes, which includes...

Read More



Moneylife Digital Team 02 November 2015
Sovereign gold bond could be more popular than gold ETFs and physical gold, says ratings agency    Gold sovereign bonds being issued by the Reserve Bank of India (RBI) may triumph over other comparable products in the market such as gold exchange traded funds (ETF) and physical bars,...

Read More



Gold and jewellery form part of ‘secret reserves’ of institutions and individuals. Until the government is able to establish its own credibility as a guardian of trust, there will be bickering   In my article “How about Re-visiting the idea of Gold Bank?” posted here on February...

Read More

Free Helpline
Legal Credit
Feedback