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🇮🇳 INDIA MAY HAVE SOLD $12 BILLION IN GOLD RESERVES
The Reserve Bank of India likely sold $12B gold while buying $7.5B of foreign-currency assets, per Bloomberg citing public data.
The move comes as higher oil prices and capital outflows put pressure on India's rupee.
: தங்கத்தை விற்று டாலரை வாங்கி ரூபாயை காப்பாற்ற முயற்சி செய்றாங்க. ஆனா அந்த டாலரை FII எடுத்துட்டு போயிடுவாங்க. ஆக டாலரும் பற்றாமல் தங்கமும் இல்லாமல் போகும்போது அடுத்து பொதுமக்கள் கையில் இருக்கற தங்கத்தை புடுங்கறதுதான் அடுத்த நகர்வா இருக்கப்போகுது
BREAKING: More than ₹5,000,000,000,000 ($53 billion) wiped out from Indian stocks in the last 1 HOUR.
Indian stock markets lost about ₹16.83 TRILLION in market value in just one month, and India has fallen to 7th place globally by total market capitalization.
PM Modi - Don't Buy Gold
RBI - Sold Gold To Save RS.
Kya hi Bole!!
RBI is selling our Gold reserves worth 1.14 lakh crores to defend the Emperor and Rupee.
RBI selling Gold is unheard of. Even in 1990 financial crisis we pledged Gold, didn't sell.
It's a scary situation now-utter mismanagement of the economy by a clueless government.
India didn’t sold Gold even during the balance-of-payment crisis during 1991
– India didn’t sold Gold during war of 1971 or 1999
– Thanks to this 4th pass & his hugnomics, for this first time India has sold 12 billion dollar worth gold
– In India, family sell gold when they have no other source of money left.
Modi destroyed the Economy
**Verified.**
A Bloomberg Economics analysis (June 2) infers RBI likely sold ~$12B gold in the two weeks to May 22 to support FX reserves amid Middle East tensions, outflows & oil spikes. This is data-based inference, **not** an official RBI announcement or confirmed physical sale.
In 1991, India **pledged** gold as collateral during a severe BoP crisis (not outright sold). RBI’s gold holdings remain strong (~880 tonnes, mostly domestic after recent repatriations). This looks like tactical rebalancing, not a crisis sale. No official confirmation or distress signals.
INDIA’S STOCK MARKET IS FALLING OUT OF FAVOR WITH GLOBAL INVESTORS AS AI-DRIVEN OPPORTUNITIES IN TAIWAN AND SOUTH KOREA ATTRACT MORE CAPITAL, RESHAPING GLOBAL INVESTMENT FLOWS.
[6/3, 12:28 PM] Healer Siva Hari:
Nearly 11,50,00,00,00,000.00 Indian rupees worth of gold sold off by the government.
[6/3, 12:29 PM] Healer Siva Hari:
BIG NEWS 🚨 US proposes extra 12.5% tariffs on India, 59 other countries for allegedly not enforcing forced labour ban.
[6/3, 12:32 PM] Healer Siva Hari: STORY | India must challenge USTR's proposed 12.5 pc tariff on India under Sec 301 investigations: GTRI
The proposed 12.5 per cent tariff on India by the US Trade Representative (USTR) under Section 301 investigations goes beyond the scope of the provision, and New Delhi should challenge the ambit of the probe, think tank GTRI said on Wednesday. The 12.5 per cent tariff exceeds the USA's WTO commitment.
READ: ptinews.com/story/business…
[6/3, 12:33 PM] Healer Siva Hari:
🚨US proposes up to 12.5% tariff on India, 59 other economies over forced labour
-USTR eyes tariffs up to 12.5% on imports from 60 nations
-India, China, EU, Japan flagged for forced labor issues
-Tariffs eyed on forced-labor goods; review precedes action
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#😂கல்யாண மீம்ஸ் #😍எமோஷனல் ஸ்டேட்டஸ் #👌அருமையான ஸ்டேட்டஸ் #😍மனதை தொடும் ஸ்டேட்டஸ் #🤣 முடிஞ்சா சிரிக்காம இருங்க 😂