The Rising Step

The Rising Step

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15/05/2026

Rekha Gupta has announced that no Delhi minister will travel abroad for the next one year as part of the Delhi government's fuel-saving measures.

According to reports, the decision comes following Narendra Modi's appeal focused on reducing fuel consumption and encouraging responsible economic practices amid global uncertainty.

The move is being discussed as part of a broader push toward austerity, conservation, and cutting unnecessary expenditure.

13/05/2026

India's love for gold is not just cultural, it is economic too.

India produces only around 1-2 tonnes of gold annually, but consumes nearly 700-800 tonnes every year, driven by weddings, festivals, jewellery demand, investment buying and household savings.

Because domestic production is extremely low, India depends on imports for more than 90% of its gold requirement. This makes gold one of the major pressure points on India's import bill and foreign exchange reserves.

In simple words, the gold Indians buy mostly comes from outside India

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