Gold Silver Reports (GSR) – Gold Market Could be Using the Technology Behind Cryptocurrencies — The London Bullion Market Association last week closed an invitation for submissions of ideas for how to track the metal as it’s dug out of remote mines, traded by middlemen and sold on to buyers scattered around the world. While the LBMA didn’t stipulate what form the system would take, most of the 25 respondents incorporated distributed-ledger technology in their proposals.
India Gold Imports Are Said to Have Slumped for Fifth Month
Gold Silver Reports (GSR) – India Gold Imports Are Said to Have Slumped for Fifth Month — India’s gold imports shrank 39% in May, according to a person familiar with the information, the fifth month of decline as the world’s second-largest consumer enters a seasonally weak period for demand. Imports contracted to 77.6 tonnes from 126.2 tonnes a year earlier, the person said, asking not to be identified as the figures aren’t public. The purchases exceeded the 52.7 tonnes in April and are the highest so far this year.
MPC HIKES REPO RATE BY 25 BASIS POINTS TO 6.25 – RBI Monetary Policy Prediction Today Rocking
MPC HIKES REPO RATE BY 25 BASIS POINTS TO 6.25 – RBI Monetary Policy Prediction Today Rocking
GOLD SILVER REPORTS PAR SABSE PHELE FORECAST KIYA KI REPO RATE HIKE HOGA RBI Monetary Policy Prediction Today Rocking
RBI Monetary Policy Prediction Today
Gold Silver Reports (GSR) – RBI Monetary Policy Prediction Today: Indian Stock Market would open flat with negative bias. Technically, Nifty also entered into negative zone. BankNifty is still in negative zone. Now, today RBI Policy would be disclosed and it would affect Indian Stock Market direction. Street expect Rate hike this time.
Flipkart Deal: Tax Department Will Act Once Walmart Obtains Regulatory Nod
Gold Silver Reports (GSR) – Flipkart Deal: Tax Department Will Act Once Walmart Obtains Regulatory Nod — E-commerce major Flipkart has shared some details with the income tax authorities on its $16-billion deal with U.S.-based Walmart, but the Income Tax Department will act only after regulatory approvals have been obtained, an official said.