“The women’s commission of India’s Kerala state is seeking to limit the amount of gold given at weddings to no more than 80 grams to reduce the burden on families and help ease India’s trade deficit. Most Indians see gifts of gold, mostly jewellery, from the bride’s family to the groom as auspicious for a marriage, helping to ensure financial security. But grooms have been seeking increasing amounts of gold as rising duties and restrictions on imports have led to a shortage in India, the world’s second-largest gold consumer after China.”
http://www.thedailybell.com/news-analysis/34925/Kerala-India-Group-Wants-Wedding-Gold-Limits/
Related posts:
Dictator for Life: The Rise of the American Imperial President
Glenn Greenwald: Why the CIA is smearing Edward Snowden after Paris
Ron Paul Interview with Charles Goyette
Bill Bonner: America’s War in Iraq Was a Fool’s Errand
Do QE Markets Validate A Buy And Hold Strategy?
NGO Lies, US Government Ties, and Pu**y Riot: Who Are the Real Monsters?
The Secret to Picking Winners in ‘Submerging Markets’
Most Bizarre Hedging Statement Ever?
Gerald Celente: Sneak Peek At New Trends Journal & Boston Tragedy
By Global Standards, The US Education Bureaucracy Gets the Most Money With Mediocre Results
Bill Bonner: This Market Is a Titanic in Search of an Iceberg
The Return of the Dodgy Dossier
Jim Rogers Interview with the Chinese TV CCTV 18 May 2013
Andrew Napolitano: Can the President Legally Kill Americans?
Judge Napolitano on Presidential Executive Orders