Tag: gold

No gold shifted from India to other countries in 2014 and thereafter

Newsroom24x7 Network Mumbai: Reserve Bank india today, 3 May 2019, stated categorically that no gold was shifted by the RBI from India to other countries in 2014 or thereafter. The RBI statement comes as a rejoinder to certain media reports. Underscoring that the reports in question are “factually incorrect”, RBI has further said thatIt is

Continue reading

Dubai presents the most expensive car on earth

Shaily Kalra Dubai: The  worlds most luxurious and expensive car ever manufactured – the gold, platinum and diamond encrusted Lamborghini Aventador g LP700-4 – designed  from 500kg  block of solid 22 carat gold,  is on sale for Dh 27 million or $ 7.5 million and is all ready for a grand show, tomorrow at Bloomingdale

Continue reading

RBI balance sheet presents a stable picture

Newsroom24x7 Desk Mumbai: A central bank balance sheet is a reflection of its various functions, particularly its role as a monetary authority and as banker to the Government and banks. The structure of assets and liabilities of the Reserve Bank are, more or less, in line with the balance sheet followed by most central banks. The

Continue reading