Indian households are believed to hold about 25,000 tonnes of gold, the largest private stock of any country’s households in the world.
At the 18th BRICS Summit, India drew a definitive line between geopolitical posturing and macroeconomic reality. Discover why New Delhi is explicitly rejecting a centralised BRICS currency and SWIFT rival in favour of pragmatic, interoperable national payment systems.
Because the traditional shock absorbers, banks, have less room to grow, more of the market’s real ability to handle stress has quietly shifted to hedge funds and other leveraged, less regulated players, the same funds running the basis trade mentioned earlier.
Selected issues, clear explanations and thoughtful perspectives—delivered when we publish.
