Nepal plans to issue new banknotes featuring disputed territories with India within a year: Report – Times of India

Nepal’s central bank is moving forward with plans to print new banknotes featuring a revised map that incorporates disputed territories with India within the next year, a media report said on Tuesday.Striving to include areas like Kalapani, Lipulekh, and Limpiyadhura, the Nepal Rashtra Bank has started this process, according to joint spokesperson Dilliram Pokharel.This effort…

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Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council – ET Retail

Representative Image Domestic gold prices have risen by 10 per cent on a year-to-date basis on the back of the strength in global gold prices, which have surged by 18 per cent year-to-date, driven by robust central bank purchases, heightened geopolitical risks, and growing expectations of a monetary policy pivot from the US Federal Reserve,…

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Cribbing or happy about gold’s record-breaking rally? China is front and center of gold price surge – ET Retail

Representative Image Gold’s rise to all-time highs above $2,400 an ounce this year has captivated global markets. China, the world’s biggest producer and consumer of the precious metal, is front and center of the extraordinary ascent. Worsening geopolitical tensions, including war in the Middle East and Ukraine, and the prospect of lower US interest rates…

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