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>> RESERVE BANK OF INDIA Latest News

JUL 16, 2014 - Zero Hedge

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India Sees Gold Imports Surge 65% In June

Today’s AM fix was USD 1,297.50, EUR 958.13 and GBP 757.40 per ounce.Yesterday’s AM fix was USD 1,312.00, EUR 965.20 and GBP 765.51 per ounce. Gold fell $12.60 or 0.96% yesterday to $1,294.10/oz and silver slipped $0.21 or 1% to $20.71/oz. Gold In U.S. Dollars and Global ETF Holdings - 6 Months (Thomson Reuters) Gold’s sell off yesterday was again ...

Tags: India Sees Gold Imports Surge 65% In June,  Reserve Bank Of India Latest News

JUL 15, 2014 - Yahoo! News

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BRICS set up bank to counter Western hold on global finances

By Alonso Soto and Anthony Boadle FORTALEZA Brazil (Reuters) - Leaders of the BRICS emerging market nations launched a $100 billion development bank and a currency reserve pool on Tuesday in their first concrete step toward reshaping the Western-dominated international financial system. The bank aimed at funding infrastructure projects in developing nations will be based in Shanghai and India will ...

Tags: BRICS set up bank to counter Western hold on global finances,  Reserve Bank Of India Latest News

JUL 15, 2014 - Zero Hedge

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Guest Post: BRICS Against Washington Consensus

As Pepe Escobar explains, way beyond economy and finance, this is essentially about geopolitics - as in emerging powers offering an alternative to the failed Washington consensus. Or, as consensus apologists say, the BRICS may be able to "alleviate challenges" they face from the "international financial system". The headline news is that this Tuesday in Fortaleza, northeast Brazil, the BRICS ...

Tags: Guest Post: BRICS Against Washington Consensus,  Reserve Bank Of India Latest News

JUL 15, 2014 - Zero Hedge

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BRICS Announce $100 Billion Reserve To Bypass Fed, Developed World Central Banks

As we suggested last night, the anti-dollar alliance among the BRICS has successfully created a so-called "mini-IMF" since the BRICS are clearly furious with the IMF as it stands currently: this is what the world's developing nations just said on this topic "We remain disappointed and seriously concerned with the current non-implementation of the 2010 International Monetary Fund (IMF) reforms, ...

Tags: BRICS Announce $100 Billion Reserve To Bypass Fed, Developed World Central Banks,  Reserve Bank Of India Latest News

JUL 09, 2014 - Zero Hedge

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Guest Post: The Emperor’s New Clothes - The Naked Truth About The American Police State

Submitted by John W. Whitehead via The Rutherford Institute, “The most dangerous man, to any government, is the man who is able to think things out for himself…Almost inevitably, he comes to the conclusion that the government he lives under is dishonest, insane, and intolerable.”—H.L. Mencken, American journalist It’s vogue, trendy and appropriate to look to dystopian literature as a ...

Tags: Guest Post: The Emperor’s New Clothes - The Naked Truth About The American Police State,  Reserve Bank Of India Latest News