Following a customs duty reduction and a fall in gold prices, investors were drawn to gold ETFs and funds. The budget announcement made long-term gold investments more tax-efficient, and with no new sovereign gold bond issues expected, experts recommended a 10% portfolio allocation. Gold remains a hedge against inflation and provides diversification.
Union Bank of India approves plan to raise up to Rs 20,000 crore via long-term bonds
Union Bank of India will raise funds through bond issuances. The bank’s committee approved long-term bonds worth twenty thousand crore rupees for infrastructure and affordable
March 16, 2026