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India's top bullion bank to work with jewellers to tease out gold hoards

Last Updated: Saturday, October 12, 2013, 10:31

Bank of Nova Scotia is in talks with trade group the Gems and Jewellery Trade Federation (GJF) and the Reserve Bank of India (RBI) to finalise details.

RBI tweaks gold deposit scheme to make it more attractive

Last Updated: Thursday, February 14, 2013, 19:24

Rising gold imports have been a major concern for the government as it contributes substantially to the widening Current Account Deficit (CAD).

White Paper against tax immunity schemes

Last Updated: Monday, May 21, 2012, 21:47

Under the gold deposit scheme, which is being talked about in some quarters, the depositors parting with gold will get back the precious metal along with a nominal rate of interest.