MUMBAI: The credit market has added 22% more women borrowers annually between 2019 and 2024, adding 4 crore new women borrowers who lapped up Rs 4.7 trillion of debt against their gold jewellery.

and the dollar didn’t decline in any notable way at the time (2021-22) when inflation allegedly reared its ugly head. We know this because the price of gold doesn’t move. When the metal rises ...