MUMBAI: Indians’ love for gold is ever shining but the steep prices of the yellow metal over the past several quarters have nudged consumers to find ways to ease burden on their pockets while keeping the heft and appeal of jewellery intact. For instance, consumers are buying less of new gold but instead recycling or…

Rupee stood firm on Monday, gaining 33 paise to reach 92.85 against the US dollar in early trade. This follows intervention by the Reserve Bank of India, as the bank stepped in to support the currency. The RBI tightened norms to curb speculative positions and capped banks’ net open positions at $100 million, even as…