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>> RESERVE BANK OF INDIA Latest News

AUG 20, 2014 - Zero Hedge

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China Becoming Global Gold Hub And Gold Price Discovery Centre

Shanghai Gold Exchange Launching International Bullion Exchange In Yuan Next MonthChina is moving closer to positioning itself as the physical gold trading hub of the world and the world’s gold price discovery centre. It is a natural progression for the largest economy in the world and for the world’s largest gold buyer, importer and indeed producer.The Shanghai Gold Exchange (SGE) ...

Tags: China Becoming Global Gold Hub And Gold Price Discovery Centre,  Reserve Bank Of India Latest News

AUG 11, 2014 - Wall Street Journal

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Central Banker Says India 'on Course' to Meet Inflation Targets

The Reserve Bank of India left its key policy interest rate unchanged at 8% this past week, citing inflation data that were on a downward path while still being too high for comfort.

Tags: Central Banker Says India 'on Course' to Meet Inflation Targets,  Reserve Bank Of India Latest News

AUG 09, 2014 - Zero Hedge

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What Every Well-Dressed Indian Businessman Is Wearing This Summer - A $210,000 Gold Shirt

18 months ago - before The Reserve Bank Of India went full gold-tard (raising duties and capital controls), 32-year-old Datta Phuge unleashed his $25,000 gold shirt on the world's women, proclaiming "I know I am not the best looking man in the world but surely no woman could fail to be dazzled by this shirt?" However, as RBI has lifted ...

Tags: What Every Well-Dressed Indian Businessman Is Wearing This Summer - A $210,000 Gold Shirt,  Reserve Bank Of India Latest News

AUG 09, 2014 - Zero Hedge

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When The Money Runs Out... So Does The Empire

Submitted by Bill Bonner via Acting-Man blog, Funding an Empire with Debt In 2006, we wrote a book with Addison Wiggin called Empire of Debt: The Rise of an Epic Financial Crisis. The idea of the book was as follows: Empires are not the result of conscious thought; they happen when a group is large enough and powerful enough to impose ...

Tags: When The Money Runs Out... So Does The Empire,  Reserve Bank Of India Latest News

AUG 08, 2014 - Zero Hedge

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Frontrunning: August 8

Pope Francis calls for action as Iraqi Christians forced to flee (Reuters) Richest Russians Deprived of Luxury Foods by Putin’s Ban (BBG) Exxon Drilling Russian Arctic Shows Sanction Lack Bite (BBG) Israeli Jets Strike Gaza Targets After Rockets Shatter Truce (BBG) U.S. starts aid airdrops in Iraq but no strikes yet (Reuters) Banks Said to Be Arranging Argentine Debt Buyer ...

Tags: Frontrunning: August 8,  Reserve Bank Of India Latest News