The lower purchases in the world’s second-biggest gold consumer could limit a rally in global prices. Falling demand for gold imports could also help to narrow India’s trade deficit and support the rupee.
Life Insurance sector has strong growth potential amid regulatory changes; HDFC Life, SBI Life top picks
Private insurers in India saw a significant increase in their weighted received premium (WRP) during August 2024, growing 15% year-on-year. This was notably higher than