The finance ministry has decided that the proposed gold exchange will be regulated by the Securities and Exchange Board of India (Sebi). In a meeting of all stakeholders in New Delhi on Monday, tardy progress of gold monetisation scheme was also discussed.
While a proposal to set up National Bullion Board — an umbrella body for gold policies — has been delayed, a separate meeting would be held soon on better implementation of gold monetisation scheme.
Valuations in Indian markets have become reasonable: Mirae's CIO Surana
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