Modi’s plan to tap India’s gold hoard falls short: MMTC-PAMP India

Prime Minister Narendra Modi’s draft plan to tap India’s gold hoard and cut its reliance on imports needs more work to get banks involved, according to the chief of the country’s biggest refiner.An estimated 20,000 tonnes or more of bullion—more than double holdings in the US—is stashed in India’s homes and temples,...Read More