The June-September monsoon has so far delivered 1 per cent higher rainfall than average
Prices are likely to rise further as demand grows in coming months due to festivals
India made it mandatory for customers to disclose their tax code, or Permanent Account Number (PAN), for purchases above Rs 200,000.
Citizens are encouraged to deposit jewellery, bars or coins with banks so it can be refined to meet fresh demand and cut the need for imports
Prime Minister Narendra Modi launched a scheme to tap a pool of over 20,000 tonnes of gold held by households and temples.
A dedicated physical gold exchange could lead to standard gold pricing in India.
Two-thirds of gold demand in India comes from rural areas where jewellery is a traditional store of wealth.
The best way to curb gold demand is by reducing black money in circulation.
Chiekcn prices set to go up across cities in India.
Bharti Airtel has received financing commitments of up to $2.5 billion from top Chinese banks.
A downturn in Indian demand could hit global gold prices.
Rural slowdown may delay growth in the economy.
The country has produced a record harvest, but many farmers in the onion bowl of Maharashtra have lost a large share of their crop damaged in storage, adding to the country's inflation woes.
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