Indians love gold as in investment, but it has disadvantages to including: 1) Gold Jewellery – may not be the best investment. In this you lose in service tax and making charges; 2) Gold Coins – again you lose in buying and then reselling due to brokerage commissions. Also, banks do not always buyback the gold coins and bars sold.3) Gold ETFs can be expensive and there can be heavy fees; 4) There is no regular income, it is passive; 5) Storaging gold has its risks; 6) No Liquidity meaning cannot be easily be used; and finally 7) Price vary by international markets. In total, one should long and hard as to why one is buying gold for personal use or investment, and if investment will one really make money.
- 4 Aug 2015
The new land acquisition law has ended up pushing up the cost of buying land for highway projects by almost six times in a span of four years with National Highways Authority of India (NHAI) estimating the initial price per hectare at around Rs 3 crore during the current financial year, compared to Rs 56 lakh in 2011-12. But also thanks to higher compensation, landowners are more willing to offer land for acquisition – there are positive indications that now there are fewer objections from owners as farmers are also getting greater financial benefit.
- 28 Jul 2015