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  • Making India a gold price setter – some policy prescriptions

    For India and Indians, gold has mythological, historical, economic, social andcultural significance. There are references to gold in the ancient Indian scripturesand literature. Gold’s economic significance as a store of value, financial security it offers and itseasy fungibility or exchangeability with cash are traits well recognized. We have been the world’s second-largest importer and…

  • Five mega trends set to drive commodities

    It is well recognized that India’s growth over the next two decades or so will belargely driven by a variety of commodities including energy products (conventionaland non-conventional), metals (industrial, base and precious), polymers and ofcourse, agricultural goods. Commodity intensity of India’s growth is inexorable. The country will continue to bea producer, processors, consumer, exporter…