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India's Gold Fever

Why are Indian's so obsessed with gold despite paying such a high premium for it? And the new national identity scheme is allowing the poorest Indians to open bank accounts.

Business Daily hooks up with the World Service's personal finance programme Your Money. Its presenter Paul Lewis is in India and he tells Justin Rowlatt why Indians are so obsessed with gold jewellery, even though they pay a high premium for the stuff. We'll also be learning how a new national identity scheme is allowing some of India's poorest people to open bank accounts for the first time.

Plus: how learning a second language can make you richer and more intelligent and how a telecom's minnow could be set to beat the giants in one of the world's most isolated nations.

Available now

18 minutes

Last on

Tue 14 May 2013 07:32GMT

Broadcast

  • Tue 14 May 2013 07:32GMT

Podcast