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Investors are increasingly turning to gold ETFs due to favorable tax changes, reduced customs duty, and the absence of new Sovereign Gold Bonds. Over the past four months, gold ETFs have seen significant inflows, driven by these factors and geopolitical uncertainties that are expected to keep gold prices strong.
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News and Media
Sebi employees and its chief Madhabi Puri Buch remain at odds over HR issues, despite recent negotiations. Around three-fourths of Sebi's officers oppose a September 4 statement blaming external elements for staff complaints. Employees have staged silent protests, while Buch has not directly engaged in the talks.
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News and Media
Vedanta Resources has successfully raised $900 million through a subsidiary by issuing five-year bonds at 10.875%. The funds will be used to refinance existing debt. The bond sale attracted strong interest from global investors, with orders totaling $1.45 billion, indicating confidence in Vedanta's growth and financial stability.
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News and Media
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