“Finance Minister P Chidambaram today asked countrymen to contain their ‘uncontrolled passion’ for gold and instead save in financial instruments. ‘Have faith in our financial sector. Unfortunately, we have difficulty shedding our old habits and put our money in gold,’ he said while speaking at an event to mark the platinum anniversary celebrations of state-run Dena Bank. ‘The uncontrolled passion for gold must be contained,’ Chidambaram said. People should rather switch to financial products to funnel their savings, the Minister said and added the soon to be launched inflation indexed bonds is a very lucrative option.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Mexico memorial to drug war victims inspires debate
Legendary Havana bar ‘Sloppy Joe’s’ reopens
Why the housing sector won’t save the broader economy
Silver Fixing Company to Stop Running London Benchmark
French Jews to sue Twitter over anti-Semitic tweets following German neo-Nazi ban
Argentina mulls benefits cut for dollar buyers
Jury rules cops were justified in SWAT raid over family's loose-leaf tea
Turkish court gives go-ahead to demolish Gezi Park
Supreme Court Limits Warrantless Vehicle Searches Near Homes
Police Cited Homeless Veteran For Dumpster Diving In Search For Food
U.S media brings glitz to increasingly urbane Mongolia
Veteran civil rights leader: Snowden acted in tradition of civil disobedience
Activists launch campaign against ‘autonomous weapons’: Killer robots must be stopped
Der Spiegel Laments The Rapid Spread of Printable Pistols
Lawsuit: Multi-state voter registration database exposed partial SSNs