India can win the gold game

Once again, Finance Minister P. Chidambaram has appealed to the people of India to keep away from gold. As the finance minister, Chidambaram thinks buying gold hurts the nation. But as a lawyer, perhaps he would see no wrong if gold is imported for gain. On June 7, 2003, Chidambaram had given legal opinion to a gold dealer (Gold Quest International Limited) that the State Trading Corporation of India was contractually bound to import supply gold to the dealer.

Read Full Story>>